Friday, July 27, 2007

Goldilocks

The Business Conditions Survey illustrates that companies are content, maybe a touch lukewarm in some places about the economy.
..results for employment prospects for the next three months remained unchanged...
...
the balance of opinion [% planning to increase production - % planning to decrease production] stood at +6, unchanged from the previous survey...

I could quote more, but there's little value added. I really still haven't witnessed a recession in my life. I was what, 5, when the last one happened? Things are pretty good.

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