I'd like to know what folks are thinking about the economy. Is the economy improving or getting worse? Is the US in recovery and if so, is it sustainable at this point? And what are the economic predictions moving forward from now through election day?
I believe the economy will continue to improve. For right now hiring has slowed causing unemployment levels to remain constant. This will change drastically over the next few months as more and more jobs open up. I'm predicting unemployment will dip below 8% by July if not by June. By August it will be at or below 7.5% And depending on whether the housing market shows improvements then by election day unemployment could very well be as low as 7% or lower.
What do you think?