Gloom...gloom...gloom
It seems as though every bit of economic data is full of bad news (aside from weekly earnings reported by the BLS last month showing a 3.6% increase from last year). Whats next?
So far I've been lucky, I have a full time job in a strong growth industry. My friends haven't had it so good, and this is just the beginning. According to GDP data we're still in the process of officially labeling this bad boy a recession with 3rd qtr actuals estimated somewhere are a .5% contraction in GDP.
So it makes me wonder...if this is still the beginning, what the hell is the end gonna look like?
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