Updated Feb. 5, 2010. Despite the new claims for unemployment rise there is reasons to be optimistic about the nation’s economy. I am not alone in this view. The January unemployment rate has actually dropped to 9.7%. BusinessWeek offers a small item in its Executive Summary titled the Optimism Meter. That has a thermometer from 0 to 100. It’s based upon a YouGov pollster measurement. The “proprietary” measurement offered by Bloomberg is now 59. That is the highest number reached since Bloomberg purchased the magazine.
Technology will lead the nation out of the recession. The evidence is growing every week. Apple and Google appear to be on a path to providing more smart phones at lower cost. Apple has introduced its i-Pad. Cisco is the only stock on the DOW that rose today. There is a new hunt for an Autism drug. For between around $300 and $500, you can buy a netbook and they are replacing laptop computers. Quallion LLC, the world’s largest manufacturer of lithium batteries, announced this week that they are building a new facility in the Sylmar area of Los Angeles at a cost of $85 million. The new facility will hire 200 employees.
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