Friday, July 24, 2009

Put This in your December 2009 Reminder File

Link to July 22 post, "Chicago Fed researcher sees Midwest poised for late 2009 upturn".

Excerpt: It’s always nice to start out with a joke, but there’s nothing funny about this economy,” Chicago Federal Reserve researcher Bill Testa told the Smith and Gesteland Executive Speaker Series at Edgewood College Tuesday.

Despite the impact of losing GM in Janesville, Federal Reserve Bank of Chicago research V.P. Testa said Wisconsin has probably seen the bottom of this “Great Recession.”

Too late to have any impact on 2010 municipal and county budget deliberations.

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