Quarterly Economic Update: August 2010
Monday, August 9th, 2010
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Chris Thornberg, founding principal of Beacon Economics and Editorial Review Board member of the Graziadio Business Report, fills in the GBR about the latest findings of Beaconomics, the quarterly forecast for the U.S. and California economies. Based on the latest statistics on U.S. unemployment, home prices, personal income, and GDP growth, Thornberg believes that the United States will continue to enjoy an economic recovery in 2010, but cautions that the stimulus funds and inflated employment stats from the U.S. census may be masking the bigger picture problems.
What evidence have you seen that the economy is recovering? Click on the comment link to share your thoughts!