Overview: ChangeWave’s latest corporate survey shows a stabilizing of the U. S. economy, with 2nd Quarter sales experiencing the biggest improvement in more than 4 years.
While the survey of 2,970 corporate respondents shows current U.S. sales are still contracting, there’s a dramatic lessening in the rate of decline. Coupled with broad improvements across a range of other key indicators - including capital spending, the job market and the 3rd Quarter sales pipeline - the picture points towards an end of the U.S. recession before the close of 2009.