Deja Vu All Over Again?

While there’s been lots of rosy talk about the economy in the last few years, there is another side to the official reports: the side of revisions to “initial estimates” that always seem to turn downward well after the initial news lands in the dumpster. Here’s some information on the economy that seems to be a little more realistic than the average headline news report. While none of us want to think of the possibility of the bad old days of 2008 and 2009 returning, it’s worth a look at the numbers to see what they might actually be saying.
While this is directed to the staffing industry, our industry is a bell weather indicating which way the economy is moving, and much of the information applies to all of us, regardless of our particular business.

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