Still lots of headwinds to deal with:
- Economy is getting better, albeit very slowly
- Government debt issues – all levels of government – exacerbates the job probm
- Much of Europe in recession – major banking problems – Cyprus is latest – China is slowing too
- Housing’s main problems – Weak domestic economy made worse by slowing world economy; weak job market; poor income growth; high debt levels; and tight credit environment
Demand ( not enough), debt and uncertainty are some of serious problems that are impacting the economy.
Job creation is key to better demand!!! – this requires better vision from “Washington”
To see the full report, please follow this link