Slow Economic Growth Doesn’t Surprise Me, Nor Does It Concern Me

The economy has been recovering from the lows in 2008 and 2009.  Few would argue this.

Unemployment rates were well over 10% at the time.

Housing prices were continuing to fall.  Mortgage foreclosures were on the rise and getting worse by the month.  Salaries were flat or falling.

For awhile, the stock market was in a free fall.

It’s gotten better.  Unemployment is around 8%, a modest improvement.

Housing prices in most metropolitan areas have started to rise, or at the very worse, have flattened.  Companies, for the first time in a few years, reported that they were planning on increases wages.

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