I’ll cite a story from today’s Minneapolis Star Tribune to amplify news about the growing strength of retail sales: Revenues in February were stronger than expected.
Also, employment figures were stronger than anticipated this week. In a story from USA Today, statistics indicate that the unemployment rate has not gone up since October. In a story from the Wall Street Journal, analysts explain the ripple effect that good employment news is having on the futures market and other parts of the economy.
Implications: It is important to respond to a recession. But it is no less important to be watchful and responsive to a recovery.
Mike Anderson
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