Economy

Economy: The National Outlook

I firmly believe that the longest and most severe recession since the Great Depression is over. The recovery that began in the second half of 2009 is not going to fall apart, but it will be bumpy. I don’t expect…

Economy: A Housing Upturn

Georgia’s prolonged and severe housing downturn ended in the second quarter of 2009, when single-family housing starts bottomed at 12,500 units. For the single-family housing subsector, the peak-to-trough plunge in housing starts was 88 percent. The free fall, which began…