Wednesday, February 16, 2011

The days are getting brighter....

It appears that everyone is getting tired of being unsure, negative and just plain pessimistic about the economy and life in general. May this be the Spring of Comebacks? I and many of my colleagues certainly hope so. Over the past couple of weeks we have seen an uptick in client calls and leads. My office is certainly grateful to see the increase and confident that this year will be the break out year for us.

Looking back into the past, I have witnessed many downturns that have lasted nine months or so. These "recessions" or economic dips have lasted about 3 seasons with a correction happening for about 2-3 years. This dip has been going on since the Summer of 2008 with the $4/gallon gas and real estate and bank meltdown.

It's difficult to see the improvement when you're in the hole. As with past downturns, everybody wondered if it would be better. It will, you just need to learn from the lessons.