What Recovery?

Federal Reserve Chairman Ben Bernanke said late last week that the nation’s economy is on the rebound and that the recession is “very likely over.” The Associated Press also reported that the nation’s leading economic indicators rose for the fifth straight month. But here in California, it’s hard to find positive economic news. The state’s economy remains in the doldrums and there are some indications that things could get worse before they get better as unemployment continues to rise and the housing market shows signs of tanking again.

18,638FansLike
0FollowersFollow
66,923FollowersFollow

Newsletter sign-up

eLert sign-up

Oakland
scattered clouds
53.3 ° F
59 °
49.4 °
86 %
0.6mph
40 %
Tue
65 °
Wed
62 °
Thu
60 °
Fri
61 °
Sat
65 °
Support the East Bay Express, local news, donate