Recession is Over: Let Recovery Begin!

By Marshall J. Vest
Forecasting Project Director

Some six months have passed since the U.S. recession came to an end. Recent data show that the recession in Arizona came to an end as 2010 began. Employment is no longer falling, retail sales are increasing, personal income has stabilized, and housing markets are in the early stages of recovery. It will be several months before it feels like things are getting better, and it will take years to repair all the damage that's been done. But the business cycle has turned up once again - and that's the best news we've had for a long time. read more...

http://azeconomy.eller.arizona.edu/AZE10Q1/Recession_Is_Over.aspx