Do you feel the economy is improving and if so, at what pace (slow, crawl, quickly) and what geographic area are you defining are you in. What do you see as the 12-18 month outlook?
For example, I'm in New York City and I've see a continual improvement for the last year, alabeit a slow improvement for those outside Wall Street. An example is that restuarants and shops, home depot and building projects around me are doing well.
The SMB marketspace is still nervous and lead times for investments that could be considered capital are slow. Some of my clients are tied to the advertising industry and they have been gaining ground since 2009, with 2011 being a very good year, so major advertisers are spending money.
My feeling is that as long as Europe doesn't do a belly flop and gasoline doesn't sprial out of control we'll be ok, not great (or not better soomer than later) but by 2014 our economy will be back churning (again, probably not like 2008).
However, if Greece crashes and gas goes through the roof; the Great Depression is going to look like a mild recession.
