But changes on paper may take time to hit pockets
(NEWSER) - Next month, the US recession is set to become the longest since the Great Depression, but the Wall Street Journal, in the first up-beat prediction in months, musters “tentative” signs that things could be turning around. Consumer spending and sentiment rose in February, the housing market is looking more stable, and hopes are rising for manufacturing. But even if the recession ends soon on paper, we’re likely to feel its effects long afterward, the Journal notes. More»
