2012 & Your Business

Recent economic indicators are looking positive.

  • US stock markets are at with levels not seen since 2008 with the Dow flirting with 13,000.
  • The US Labor Department said that seasonally adjusted new jobless claims is the lowest since March of 2008.
  • Per the Commerce Department homes for sale (inventory) is under 6 months – and the lowest level in the last 6 years.
  • A survey by Rueters/University of Michigan shows that consumer sentiment is at the highest in a year.

All that is good, but as has been the case recently the information is still mixed. Home sales at 321,000 units is less than half what a healthy real estate market should be and prices continue to decline. Employers are still not hiring at any significant levels.  Finally, oil and gasoline prices have spiked and could threaten the weak recovery.

What does that mean for your particular business? The short answer is that there is opportunity out there – but you’ll have work hard to find it and even harder to make it grow – but it is out there.

Go for it.

About Joe Schmitz

Joe Schmitz has been involved in equipment leasing and finance for over two decades. Joe has a special area of expertise in the fitness industry, having placed funding in excess of 100 million dollars for small to medium sized health clubs, Joe has also funded general equipment projects throughout the United States. Currently one of approximately 200 Certified Lease Professionals (CLP) in the United States.
This entry was posted in general musings, Personal financial, Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>