Business Prospects

I continue to see some new economic data that is encouraging business expansion in this new year. If you look closely at the GDP this month the numbers tell the story of a revenue reversal in the positive direction for corporate America. The decrease in unemployment has most business people planning a new phase of experienced worker's hiring. This reflection is good for every part of the economy with most companies saying that first quarter earnings are up.  Better quality workers are now available now with more people having a college degree that makes it more comprehensive the hiring process. Some businesses have now started offering better benefits packages to lure in these high skilled workers. Overall with this kind of improvement it is in favor of making this year a great year for corporate America to beat the overseas competition in every aspect of business. While the stock market is double what it was in the past year it still shows a shaky recovery for this year so far. Hopefully that will change in favor of a more solid recovery as this year continues. In order for this to happen their needs to be more investment by both government and private sector business so that the economy growth is more than 3 percent. It looks like we might see that happen if the stock market becomes more bullish and corporate America become more confident in the new green recovery. This will be good for the economy if all that I am talking about happens this year.