A year ago the economy was flushing away our collective wealth. The downward spiral looked like it would continue, maybe forever. People tracked the eclipse of the stock market with a financial hypochondria that added velocity to the decline.
It is a year behind us and there are increasing signs, amidst the ongoing difficulties, that the economic world will survive. Major retailer and service sector businesses are ramping up for improved consumer spending. According to this Ad Age article, Walmart, Allstate, Hyundai, Merril-Lynch, Bank of America, Macy’s and many others are increasing product offerings and marketing budgets.
Advertisement
