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The Economy Is Full Of Good News

We are seeing good news about the economy this week. Here is a recap of some I found today:

Florida housing sales up for the 8th month in a row.  Read that story HERE. You will notice that housing prices continue to fall, but remember it was an over-valued market.

General Motors may indeed file for bankruptcy, but they wanted to assure their employees it was part of their reorganization so they actually paid them early.  Read that story HERE.

Wall Street says all the bad news is in now.  That should mean its uphill from here.  Read that story HERE.

Economists think the recession will end this year.  Read that story HERE. (I really think we will find it has already ended months after all the reports are complete.)

Yahoo willing to hold out for big bucks.  Read that story HERE.

And finally, really the one that matters and the one economists have been waiting for, consumers are gaining confidence again. The consumer confidence index had its biggest increase in 6 years.  See that story HERE.

Look for more good news to follow in the coming days.  I don’t know about you, but I’m happy to find some good news!

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Ron Edmondson

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