Signs of recovery or summer time bump?

mattgould's picture

California Economy at a Glance (source: Bureau of Labor Statistics): http://www.bls.gov/eag/eag.ca.htm

Unemployment is down since the beginning of the year. Signs of recovery or a summer time bump?

SF Citizen's picture

Summer Spending

There was an interesting article in the Chronicle today about an increase in consumer spending despite the sluggish economy: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/08/30/financial/f053342D06.DTL. Maybe news like this will help contribute to the 0.4% increase that occurred in July.

catherinejanem's picture

I think that recovery might

I think that recovery might be too strong a word, but it does seem that job wise, the economy is slowly improving...check out this article on CNN today about a dip in jobless claims

 

http://money.cnn.com/2010/10/07/news/economy/initial_claims/

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