Eric Colburn, PLS

It’s nearing the end of March and finally winter is ebbing and spring is slowly setting in. To me, it seemed like a long cold winter and I glad it’s over. I look forward to spring and the rebirth of nature after the dark, cold, snowy winter. It’s amazing how just a few warmer sunny days can lift ones spirits.

I think this may also apply to the economy. After a long dark and gloomy period, maybe, just maybe, the economy is starting to improve and this recession might come to an end this year. I don’t want to count my chickens before they hatch, but I’m hopeful that I get at least some of the work I’ve recently prepared proposals on. Within the last couple of weeks the phones have started to ring again and there finally seems to be some work available. As there has been virtually no work available and the phones have been dead for the last six months, or so, it was very encouraging to see that the consumer is feeling more confident and willing to spend money again.

I have no doubt that the economic stimulus package and the plan to help banks with their toxic assets is starting to improve the economy, at least a little. The small business owner, such as myself, has once again been largely ignored and again taken for granted, but sooner or later, once the “shovel ready” projects get going we should see some benefits when this money trickles down through the market place. You just have to hope that you can hold on long enough to see the light at the end of the tunnel.

As Paul Harvey said:

“In times like these, it helps to recall that there have always been times like these”.

Everything is cyclical and the economy will eventually improve. Eventually the housing markets will recover and Read the rest of this entry →