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Article: ECONOMY IMPROVING, BUT EXPECT SLOW PROGRESS
- Article from:
- US Fed News Service, Including US State News
- Article date:
- October 28, 2009
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CARROLLTON, Ga., Oct. 27 -- The University of West Georgia issued the following news release:
The economic recession that has gripped the nation appears to be ending, but that doesn't mean that conditions will improve dramatically anytime soon, University of West Georgia economist William "Joey" Smith said Tuesday.
"The good news is the bad news is close to being over," Smith said. "We're already seeing a turnaround at the local and probably at the state levels. By all measures at the national level we are starting to experience recovery."
Smith, who spoke at UWG's annual Economic Forecast Breakfast, said there remain several areas of concern, such as unemployment, home foreclosures and ...