Tuesday, February 22, 2011

Some Good News About the Economy That You Don't Have to be an Economist to Understand!

10 Signs the Economy Is on the Upswing 
by Neema Roshania and Jerry Idaszak
Friday, February 18, 2011
 
There are plenty of indications that the economy is shifting into higher gear. And they are not just buried in economists' models and spreadsheets, but evident in the day-to-day decisions consumers and business folks make.

So, yes, you can look to the stock market -- a classic leading economic indicator, nearing a 100% gain over two years -- for reassurance about tomorrow. But you can also read the economic tea leaves on golf greens and in underwear sales.

Sales of Boxers, Briefs Leveling Off
When it's tougher to find jobs, men wait longer to replace their underwear, and sales -- usually very stable -- fell nearly 2.5% in 2009. Now they've started to stabilize.