What events will show that America is recovering from this Recession?
I don't know very much about Economics, but I was wondering, for the ordinary observer, what could be said to be the signals that the economy is rapidly improving? I hesitate to attribute improvements in the unemployment numbers to the end of the Recession, because many people just accept whatever low-paid job they can find to keep body and soul together. Maybe the guy who had been making $35,000 a year is now making $15,000, but he's not unemployed. What should I be looking for?
Asked By: Sara - 4/28/2011
Best Answer - Chosen by Asker
Employment is a lagging indicator of economic growth anyway, so you are correct in not looking at that for a technical answer to your question... More
Answered By: John M - 4/28/2011
Additional Answers (4)
Increase in everyone's income,more jobs,less businesses going out of business,deficit will be lower.
Answered By: Cup - 4/28/2011
I think following factors should give a good idea 1. Job Loss figures improves 2. New Jobs created figure improves 3. Housing Rates stabilize and start increasing again 4. BIG 3 auto companies and Electronics companies start doing well akash www.baansupport.com
Answered By: Akash - 4/28/2011
Positive growth each quarter since June, 2009. That's the economic definition of recovery.
Answered By: SDD - 4/28/2011
Hope your country recover soon. May wealth and peace prosper for everyone. Inbame Sulge Yelarum Valge
Answered By: Mystic Shiva Says - 4/28/2011
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