Stabilization reported
From Curbed.com blog
By Curbed.com, Thursday, July 30, 2009.
Woot. Those 2005-era days of throwing down $45 for a Sunday brunch -- and not thinking twice -- are back. Not really.
Under the headline, "Fed Sees Signs That the Economy Is Stabilizing," the New York Times reports: "In most parts of the United States, the recession is losing force or economies are beginning to stabilize, the Federal Reserve said Wednesday in a snapshot of economic activity from across the country ... But the picture remains grim in many parts of the country, with retail sales falling in the Midwest, loan demand falling in New York, commercial real estate weakening and manufacturing activity stumbling along in many parts of the country."
Reposted with permission from Curbed.com. Click here to view original post.
Copyright (c) 2009 Curbed.com LLC
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