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1/22/10

Massachusetts State of the Economy


The Boston Globe, in my former state of Massachusetts has released a state of the economy piece. This is somewhat similar to what was done in Florida (read about the Florida outlook here). I am sure many major newspapers are doing this. It is a very well done piece. Unfortunately, the main theme is Jobless Recovery. At least they are not using one of my most hated terms - job LOSS recovery.

With all these bad news - is there a glimmer of hope? Yes, according to the federal reserve publication. It's just that we are going through a period of turbulence with lots of ups and downs. Fasten your seat belts......


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