25Oct/090
Coincident Indexes – How Are Our States Economies Performing?
Have you heard the news lately? You know, the news that everything seems to be turning around, we've hit bottom and are on our way back up, and everything is going to peachy and roses now!
Well, you might want to back up that horse and buggy for just a moment and take a look at this graphic:
Dark Green = economically it has been a good three months
Light Shades of Red = economically it is down but not as bad as it could be
Dark Red = economically its been a very bad three months
Um, is it just me or are there no dark green areas? Secondly, maybe my DNA has a lot of bull in it but am I seeing a lot of red? Yup, I thought so, the numbers just don't seem to add up. We're not doing that well at all, are we?
What do you think? Kinda sad to see Iowa on the same par as California, no?
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