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Signs Point to Recovery and Recovery Means New Jobs

Richard Knappen, SAN DIEGO READER

Monday, February 7, 2011

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Leading economists are saying that the “Great Recession” of the last three years may be coming to a close, and that business, hiring, and the economy should be better in the coming year.
Let’s look at some of the facts and economic predictions. Factories are cranking up production, anticipating greater spending by consumers and businesses in 2011. Tax stabilization will give people an incentive to buy cars, computers and electronic goods, and provide businesses with incentives to invest in equipment. And manufacturing activity has expanded activity every month over the past 1 1/2 years. The big difference now is that the growth is being driven by higher sales and more confident consumers.