There are times when I go to the mall, drive/walk by restaurants, or sporting events and think.... "WHAT RECESSION????!!!!" There are people shopping, dining, or standing in LONG lines for $5 soda that makes me wonder who this great recession is hitting and missing because it sure has hit the Lee household.
Then reports out today say that consumer confidence dropped in September and that it was unexpected. The experts think that most people are confused about where the economy is going so they are nervous. Maybe it's getting better..maybe it's not. Maybe it got worse because everyone starting crying "Wolf!" last fall and people started believe what they were hearing instead of what they were seeing. So, jobs are hard to come by and CEO's are still not spending or hiring like they normally would because the recovery of our economy is going to be slow, bumpy, and long.
Supposedly.........
Well, I'm not sure if the car makers got that memo because Toyota just announced that they expect a 3% global increase in sales and as I blogged about before, GM has increased production in 3 factories. I sure hope the car makers know something that the media doesn't.
Actually, it proves that NO ONE knows what is going to happen. However, I think this great recession is better now than what I expected one year ago. I was sure that the US and even the world economy was going to be in far worse shape than what we are dealing with now. Do I credit the Fed Chairman? Obama? God??? Well...since this is a company blog...I guess I have to keep that to myself...however, I'm glad I still have a business to happily run and a roof over my head.
yy
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