Tuesday, February 8, 2011
This chart of small business optimism puts into perspective just how awful things have been for the past several years. Since 1974 we've had six recessions, but none have come even close to the distress caused by the last one. Plus, the recovery from the last recession has taken far longer than any others. Nevertheless, it remains the case that things are improving on the margin, and that's what is most important today. Lots of room for improvement still, but we're on the right track.
Posted by Scott Grannis at 10:20 AM