Items Tagged with 'recession'

It’s a Sunday close to press time and I’m watching one of my favorite television shows, CBS Sunday Morning. One of the segments catches my attention; it’s about the job market seemingly coming to a stall, with first-time unemployment claims having exceeded 400,000 for 11 consecutive weeks (as of late June). A CBS Sunday Morning journalist interviews economist Lakshman Achuthan of the Economic Cycle Research Institute about why this is happening.

Turning the corner on the 2010 economy was like telling off a friend who had it coming — you got to offload some of the poison, and you could move forward with a lesser burden. While the performance of the security industry in 2010 was less than stellar, there were some generally positive economic indicators in the first two quarters of 2011 that hold promise.

The security industry is ready and able to put growth on the books in 2011, but dealers must take command of conditions and lead their own way.

I like the change of seasons that living in Illinois offers, but it’s this time of year — late February (the time of this writing) and early March — that makes me wish the season would change more quickly.