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We own two companies, both iitdcanive of "main street."Both companies are experiencing growth (one, in construction, with sales greater now than during the "peak years") and have hired during the past six months to deal with growth.Rasmussen: "The Rasmussen Employment Index jumped eight points in May to 88.3, the highest finding since January 2008. The Employment Index is up eight points from the beginning of the year and is up 11 points from this time last year. In February, the Employment Index was at 87.7, the highest level in nearly three and a half years. The survey of 8,804 working Americans was conducted in May 2012 by Rasmussen Reports. The margin of sampling error is +/- 1 percentage points with a 95% level of confidence. "I see nothing indicating recession, except possibly stock prices. However, my opinion is that those are down more on Europe news rather than concern over the US economy.Just my two cents, from the front lines. |
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