Economy growing, Caterpillar adding staff

[Ravi]

I thought this was amusing in light of Caterpillar insisting it would suffer as a company because of health care reform.

Caterpillar Inc. is among companies adding staff, indicating the economic recovery that began in the second half of 2009 is starting to produce the jobs needed to lift consumer spending and sustain the expansion. The unemployment rate may be slow to recede as more people enter the job market, giving the Federal Reserve scope to hold its benchmark interest rate near zero in coming months.

Increase in March Employment Shows U.S. Recovery Is Broadening - BusinessWeek

 

[editec]

Hmmmm....wonder if it's time to start worrying about inflation, yet?

Market and macroeconomic timing...I suck at it.

 

[chanel]

That's good news.