Bear Stearns has issued their economic forecast for Spring 2005, and it shows a healthy picture. Some highlights of what supports their optimism:
-Consumer Confidence is trending up
-Small Business Income is way up
-Business Investment in Fixed Assets is up
-Retail Sales have been trending up
-Consumer debt is trending down
-Employee compensation (and federal tax withholding...) trending up
-Corporate Taxes are way up
(Thanks to Ben Cunningham for passing this along--nice article in the Sunday paper, by the way).
