Is the Recession Receding?

22 April 2011 | In Travel & Vacation | Main Line Today April 2011 issue
Written by: Jim Waltzer
Is the Recession Receding? The pros say, 'Yes.' But local business owners aren't so sure. And, brother, can you spare a loan?

There are enough crosscurrents in the U.S. economy to sink the sturdiest of financial boats. Stocks are soaring, but job growth is anemic and unemployment remains high. Real estate has bottomed out, but a bull market in foreclosures may just be beginning. Inflation is tame, but prices for gas and groceries are spiking.


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