Quarterly Economic Update: August 2010

Monday, August 9th, 2010

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Chris Thornberg

Chris Thornberg

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!

Topic: America's Financial Crisis, Videos
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Evergreen real estate

August 13, 2010 at 10:15 PM

I see a significant number of consumers increasing savings rather than spending and see no improvement in real estate purchases even in the price ranges that were not helped by the “stimulus” monies

Parking Control Systems

August 16, 2010 at 1:45 AM

Great Info..Really Liked the way you explained yourself…..Carry On the good Work….