In another bit of positive news for the economy, the U of Mich consumer confidence survey that I’ve posted on here frequently has risen yet again in June to 70.8, up from 68.7 the previous month. Read the full story here:

http://www.reuters.com/article/businessNews/idUSTRE55P3J820090626?feedType=RSS&feedName=businessNews

http://www.reuters.com/article/businessNews/idUSTRE55P32N20090626?feedType=RSS&feedName=businessNews

I’ve been very busy with my company, but wanted to scrape up a few stories that are supporting our comeback.  I think it is apparent to most by now that we are either at the bottom of the recession, near it, or even creeping very slowly out of it.  This lends a little ease to consumer’s mindset and allows them to contribute to our comeback.

Bright Spots On Housing Horizon (thanks to Rich Roedger for this contribution)

Orders for Big Ticket Items Surge

U.S. Recession To Bottom Out This Year

My Twitter Search Results for “Positive Economic News” (caveat, I do not review all these entries and can not speak for the veracity or sources)

Now, back to family vacation in Tampa…Have a positive week.  We’re on our way back.

Tried something new this morning.  Using Twitter’s search engine www.search.twitter.com I came up with plenty of recent posts to positive economic news.  I can’t speak for the veracity of all of them, because I can’t edit out less than desireable results, but there’s the link:

Positive Economic News On Twitter

Read the full story here:

http://www.reuters.com/article/businessNews/idUSTRE5530T620090604?feedType=RSS&feedName=businessNews

Excerpt:

By Emily Kaiser and Mark Felsenthal

WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke sounded a cautiously upbeat note on the U.S. economy on Wednesday but warned that corralling government debt was vital to ensuring the nation’s long-term health.

Read full story:

http://www.reuters.com/article/businessNews/idUSTRE5523SI20090603?feedType=RSS&feedName=businessNews

Economic optimism abounds. People are shrugging off the cold winter blues, and getting back out to spend.  Business activity is picking up, corporate profits are rebounding and consumer confidence is at an 8 month high… All pointing towards a gradual move upward.

http://www.reuters.com/article/businessNews/idUSN2831774020090529?feedType=RSS&feedName=businessNews

http://www.reuters.com/article/businessNews/idUSN1529960720090530?feedType=RSS&feedName=businessNews

Today’s headlines.  Click link to read full story:

U.S. recession to end soon, modest recovery seen: poll

U.S. existing home sales expected to rise

Global stocks up, oil at 2009 high on recovery hopes

All positive news today for our economy.  The markets are up 30% from their bear market lows just a few months ago, which eases consumers fears about the future.   While we’re not out of the woods yet, barring another mine buried in the financial markets, I believe we’re headed for recovery.  It may be later this year, or even early next.  But as long as we continue to work hard, and move forward while learning from the mess behind us, we’ll have a good ‘10.

http://www.reuters.com/article/businessNews/idUSTRE54H1LH20090526?feedType=RSS&feedName=businessNews