2009
Florida Real Estate: Economy in Recovery?
Posted by Justin in Advice, Bradenton Florida Flat Fee MLS FSBO, Bradenton Florida Real Estate, Englewood Florida Flat Fee MLS FSBO, Flat Fee MLS, Florida Flat Fee MLS FSBO, Florida MLS, Florida Real Estate, For Sale By Owner, Justin Shirley, MLS, Multiple Listing Service, Sarasota Florida Flat Fee MLS FSBO, Statistics
(When Small Business Loans Double over the course of the 1st Quarter 2009, that is a Very Positive Sign for Economic Recovery)
What shape is the recovery in?
NEW YORK – Aug. 14, 2009 – With the launch of an economic recovery all but certain this year – many experts say it’s already begun – the debate among pundits has turned decidedly alphabetical. In other words, what letter will the rebound resemble – U, V or W?
Typically, sharp downturns like the current one yield equally rapid, or V-shaped, upswings. But the worst recession since the Great Depression has been anything but typical, with housing and credit markets devastated. In a USA TODAY survey, 63 percent of economists said the recovery will be slow and gradual, or U-shaped.
Yet 37 percent said it will be moderate or fast. And a smattering of experts say the rebound will look like a W, with a precarious economy sliding back into recession before turning around for good. USA TODAY presents the case for each scenario:
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