Wednesday, June 9, 2010

US Economy Finally Picking Up Everywhere

The entire United States economy appears to be picking up for the first time since the start of the Great Recession in 2008, according to the Federal Reserve. They say that modest and fragile economic growth is taking place in just about every corner of the country.

The Fed's yearly survey that measures national economic activity showed that things are improving in every part of the country for the first time since 2007. Manufacturing is up as well as retail sales, both important factors in terms of getting the US back on track financially.

Experts till warn that the pace of the growth in most of the country is still extremely slow. Worse, companies won't begin hiring because of the modest growth, meaning that the lack of jobs will continue for the foreseeable future.

Learn some mo': Fed sees economy picking up all across U.S.

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