According to this excellent article, we may start feeling some relief from the recession as soon as the 1st quarter of 2010:
“Moody’s has come up with the next waves of states to start showing signs of recovery.
The second wave, expected to hit in the first quarter of 2010, includes a lot of southern states—and Dakotas. That group includes: Alabama, Georgia, Nebraska, New Mexico, North Carolina, North Dakota and South Dakota.
This group had relatively minor recessions that affected cyclical industries like manufacturing, Gledhill said, and should be able turn those minor recessions into minor recoveries when the economy starts to turn.”
For the full article go to: http://www.cnbc.com/id/31086859
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