Do industry trends indicate recession?
Friday, December 9th, 2011
Industry trends indicate recession, according to Bloomberg economist Richard Yamarone in his Knoxville Chamber presentation. He showed us several key economic indicators he uses to forecast future economic trends to explain why he is pessimistic about the U.S. economy in 2012. While many economists see positive trends, he sees risks that he believes business owners […]
Read More »Is the next recession looming?
Monday, December 5th, 2011
Is another recession looming around the corner? Richard Yamarone studies economic indicators, and he thinks so. The Bloomberg economist spoke to Chamber of Commerce members in Knoxville recently to make his case for what he termed “the dark side”: that the economic recovery is stalling and another recession will begin next year. Mr. Yamarone, who […]
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