OK, some surprising truth today by the feds....commercial real estate and labor markets continue to struggle. Many regions of the country show weak or deteriorating economic conditions, despite govt efforts to kick start credit markets, consumers still having difficulty obtaining credit, retail sales soft and most of us are giving up luxury items for now.
While we still got to hear how great things will be and some financial sectors improving, it is good that the media is at least attempting to be semi-accurate and not all "roses" about our economy, because that is not the truth. The only way the economy will get better is to acknowledge the truth about our current status! Everyone agree?
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