Recession Might Be Ending

From the Associated Press:

New signs emerge that recession might be near bottom

Notice we don’t hear much about a depression any more. There is more talk about a bottom or a double-dip recovery.


25 Responses to “Recession Might Be Ending”

  1. 1 Melissa Schmitt April 6, 2009 at 9:59 AM

    i believe that it is most likely that we are at the bottom of this recession. It is unlikely to still believe that a depression is coming especially because at the peak of the depression we were at about 25% and at this time our national unemployment rate is at about 9%. Real estate company is starting to pick up, ehich was the biggest bubble in this recession. i believe that there are too many programs that were created after the depression. I think that the only thing this economy can do is go up from this and hopefully prevent this global long term recession from re-occurring

  2. 2 el Bouzkouri Youssef April 7, 2009 at 9:57 AM

    I agree that the economy can only pick up because it looks like we are at the bottom of the recession. We see that real estate is starting to pick up a little bit which was one of the major reasons that led to this economic crisis; however, we shouldn’t be too optimistic because people did not start consuming yet , and we know that consumption is a huge component of our GDP

  3. 3 Heidi11 April 8, 2009 at 11:33 AM

    I agree that we are currently at the bottom or near the bottom of this crisis. Prices and interest rates are falling substantially, which will make people more likely to spend money. The government has not made the same mistakes that were made in the Depression that only exacerbated the problem. I think that with the increased knowledge of macroeconomics, our leaders have made smarter decisions, preventing us from falling into a depression. With prices and interest rate at low levels, it seems there is not much room to go elsewhere but up; hopefully steady improvements will come in the future, and the world can begin to pull itself out of this recession.

  4. 4 alarics April 9, 2009 at 7:40 AM

    Sure, it sounds like the recession may be ending, but why is there still complaints about the downturn in the economic situation. Nothing brings me down more, than a whole bunch of local business folks saying that there’s nothing we can do to help keep our heads above water until we see the increase in consumer spending and the change that Obama promised us. So far, the automotive industry still needs loans in order to prevent them from going into bankrupcty and the real estate market is slowly but surely getting back into the game, while realtors are out to seek new homes to advertise in their company. Unemployment rates still remain at their all-time high, and education percentages have increased since everyone is at the phase at which they really need to open their eyes, because tomorrow can’t promise them anything. Also, some businesses are closing and some have merged, how can you really tell if we are still under a recession or if Obama is really doing his part to bring America back to its feet.

  5. 5 Nancy Moussa April 13, 2009 at 8:44 PM

    I think that our recession is slowely ending. Prices are droping and people who have money are spending, but spending wisely. The only way to go is up, since we are already as low as possible. Things will slowly start to change.

  6. 6 Andrea Nemeth April 15, 2009 at 11:36 AM

    People are starting to finally except that we are in a recession and instead of fighting it they are working with it. for the most part they have stopped panicing and learned how to live on a restricted budgit. they are starting to see the line at the end of the tunnel.

  7. 7 jenna s April 15, 2009 at 9:38 PM

    I am not quite sure if this is true. I do not think we will hit the bottom for another couple of months. I think that this is just to help boost consumer moral. They may be trying to implement a self-fulfilling prophecy. They are telling people that we have hit bottom and that things are starting to look up. This encourages consumers to increase spending which will eventually help improve the economy. In any case, I feel that this is good move. We need a boost in consumer confidence to help get us out of this mess.

  8. 8 Genine Lobo April 22, 2009 at 10:53 PM

    It is finally good to hear news that the recession is however, like the article says, “Still, the job situation remains grim. Traditionally, the labor market doesn’t pick up until well after a recovery has started,” and “The monthly unemployment report due out Friday likely will be dismal, and new jobless claims reported Thursday were worse than expected.” We must understand that although the recession is coming to an end, it will still take time for people to get new jobs.

  9. 9 LEONARDO SANCHEZ ECON 101 April 23, 2009 at 2:15 PM

    The end of bad times?


    Yes it may be true maybe where near the end of bad economy and

    leaing into a better one with new stores opening and with

    unemplyments at its peak! What can anyone say it cant get worse

    than this right? They maybe right or wrong but in any case i

    believe any good news is better than more bad news.

  10. 10 Marilyn Monroe April 24, 2009 at 9:13 AM

    I definitely agree that the economy can only pick up from here because it looks like we are at the bottom of the recession. At our lowest point the unemployment rate has decreased drastically and the price of homes have definitely gone down. Now there seems to be a change in the wind because now there have been more jobs created and real estate is coming back. Hopefully we can only go up from here.

  11. 11 Emily Bonzi May 9, 2009 at 2:35 PM

    Hopefully this is truth versus optimism hoping to rally the troops together to fight. I am always very sceptical of articles claiming change is here now becuase I question if the change is real or by making the public believe their is change the hope is that is what will be the result.

  12. 12 Jay Surface May 9, 2009 at 3:39 PM

    I think Emily has hit the nail on the head with this one. We all hope it to be true, but can anyone ever be certain. I think an economists has a very tough job, but I compare them to weathermen. Weatherman, like economists, never really know what is going to happen. They are basising their analysis off what should happen, but no one really knows.

  13. 13 Hyo Kim May 11, 2009 at 7:28 PM

    This article might encourage people to open their wallet and spend money which will help the economy to back. So, I would say that this is a good and healthy news for the movement.

  14. 14 Andrew May 12, 2009 at 3:56 PM

    I really like Jay’s analogy. We can only predict what people will do not actually tell you what they will do. If people would be more willing to spend about maybe 3-5% more, then economists could tell us a better picture because they would more information to work with.

  15. 15 Jim Castilone May 14, 2009 at 2:50 PM

    It is completely possible that the recession is ending. We certainly will not be seeing a depression any time soon (if ever). I mean it is a very good sign that the real estate market is rising because that was the very first thing that began to slip when the market went down. I hope that we are coming out of the recession

  16. 16 tmt2 May 14, 2009 at 11:33 PM

    I hope this is true. Hopefully real estate will start picking up and so will the stock market. If this is true then the signs of fewer people applying for unemployment benefits and fewer people getting laid off from their jobs can be taken as a good sign on not just another figure that will change for the worst on us.

  17. 17 tlr7 May 15, 2009 at 1:04 PM

    Hopefully this is true, as we have been seeing the bottom of the down hill slope, unemployment is slowing down and it seems that even on the news its becoming less of a huge scare to people. Maybe now that this article is released it will help people to see the light and feel that things are looking better, hopefully making them feel safer about spending more money. Which would really help out our economy even more. Its nice to finally get some good news abuout this long and sad recession

  18. 18 Britany Linton May 17, 2009 at 7:28 PM

    I don’t know how to feel about this recession we are currently in. I don’t think I am educated enough to be able to make a guess on what is going to happen but I do think it is slowly getting better. I don’t think it will get as bad as it was during the depression YET. If this recession is going to end people need to start spending again. Everyone is just so afraid to spend in this time of our hurting economy. I do think we are on our way out, but it will take awhile for sure until people start spending

  19. 19 Simon Kudus May 17, 2009 at 7:52 PM

    I disagree that the economy is at the end of the recession. I think it will only get worse. The housing industry is too big and as we can see it’s directly related to the banking industry. The car industry hasn’t been doing so well for a while now as well. The government is bailing-out companies that will eventually fail if they don’t change the way they do business.

  20. 20 Robert LaVoy May 17, 2009 at 11:41 PM

    I believe that we are at the bottom of our recession from everything that i have heard. It is true that we are not hearing as much recession talk now. That in its self is part of the solution because now the moral of consumers is starting to increase.

  21. 21 Dennis K May 18, 2009 at 3:15 AM

    No where to go but up now. =]
    From now consumer moral will increase and people will finally get confidence to invest again

  22. 22 Stephen Cassinelli May 19, 2009 at 2:23 PM

    I think all of us hope that this recession is ending and i does kind of seem like it might be true. It seems like every day on tv we are being told to go out and spend money to jump start our struggling economy. Although no one is positive, it seem like we have experienced the worst of this recession. I think all that the economy needs now is time, slowly but surely we are coming out of this recession.

  23. 23 Mva89 May 20, 2009 at 8:03 PM

    I really hope this is true. It looks very optimistic that the real estate market is on its way up again, considering this was one of the major reasons we got into this economic crisis in the first place. However, we should not be too positive yet because people are still afraid to spend money, and without consumption the economy will not be up and running.

  24. 24 T May 25, 2009 at 9:59 PM

    The recession is no where near being over. Some experts say that the recession may continue to worstin until 2015. The reason there is not as much talk because it could send society into a panic making the problem more severe.

  25. 25 quique May 26, 2009 at 10:59 PM

    i dont think we should stop just becasue we are getting into a beteter situation. we should never stoop working to become the rich and wealthy nation that we arre.

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