Economists: See you in September
Back in 1966, members of the now-forgotten band "The Happenings" reached number three on the Billboard charts with "See You in September." Economists of today are humming the same tune.
The USA Today/IHS Global Index shows "increasing evidence" that the recession will end in September and that a "mild" recovery will begin in October, according to a report on the USA Today website. A survey in May from the National Association for Business Economics reached the same conclusion, Bloomberg News reported. What's the reason for the optimism?