Recovery?

For the past few weeks some government officials and industry experts have been indicating that the economy has “bottomed out” and things are improving but I have not seen any evidence of that out in the work environment.

Each morning I read The Wall Street Journal and today (April 24), I decided to read the entire paper by only reading all of the headlines first in order to get a sense or feel for the news – a survey of sorts.

The following headlines are from just today’s issue:
Industrials Prove Less Than Durable
Swedbank Shrinks In the Baltics
Profit Slows Down at India’s HDFC
Mizuho Financial Experts Expect a $5.9 Billion Loss for Year
AmEx’s Customers Leave Cards at Home: Net Tumbles 56% as Slumping Economy Hits High-End Consumers
CME Group Profit Drops 30%
Regional Banks’ Results Keep to Sluggish Pattern
Dollar Falls as Risk Returns
Microsoft Gets Stung by Global PC Slump: Software Giant’s Profit Falls 32%
Steel Woes Signal Shakeout, Prices Cut
Small Business Owners quit Taking Salaries to Stay Afloat
High Costs Hit the Trusty Tin Can
AutoNation Falters in Downturn: Earnings Drop 32%
Steel Industry Expects Further Losses
ABB: Engineering Titan’s Profit Falls 35% in First Quarter
Bunge: Company Swings to Loss
Royal Caribbean: Cruise Operator Posts Loss
EMC’s Profit Declines 20%
Amgen Curbs Its Projection for Revenue
UPS Earnings Hit By Downturn
Net at Three Big Railroads Is Off Track
Marriott Reports Loss as Revenue Falls 15%
McClatchy Co’s Loss Balloons as Ad Sales Fall
Chrysler New Bankruptcy Filing
Home Sales Fell 3%, Layoffs Rose in March
Fed’s Earning Fall 8%

Perhaps the word of the recovery has not yet reached corporations.