Thursday, November 18, 2010

New Deal Democrat: The light at the end of the tunnel...may actually be sunshine!

New Deal Democrat, who posts over at the Bondad's blog, talks about how the light at the end of the tunnel...may actually be sunshine!

In 4 of the last 7 months, real retail sales have been up over 6%. Based on 65 years' worth of data, this translates into, at minimum, 2% (or about 2.5 million jobs) year over year job growth, sometime soon. Whether "soon" is more like 6 months or 24 months is impossible to tell, but the trend is unequivocally positive.

You got to see the whole thing, but we could be looking at some good economic news in the coming months. Maybe.

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