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We all hear that 2010 will be better than the last few years. We in Nevada are wondering if this is true. We all see the rise in the stock market and listen to what is being said by the government and the economic leaders of our country.
As we go around the state of Nevada and talk to business owners about the insurance products that Leeds & York offers and discuss their situation, we are starting to see the light at the start of the tunnel. It is definitely going to be awhile until the train is moving down the tracks, but the engine is at least started and the wheels are turning.
In recent article highlighting improvement trends, ten reasons were outlined as rationale to be hopeful:
- Most salary budgets will be unfrozen.
- The job market is expected to improve. Just this week, first-time claims for unemployment were down significantly.
- Increased saving by the population is becoming commonplace.
- Consumer confidence is improving.
- Employee productivity is on the rise.
- "Green" trends translate into potential jobs. This is especially true in Nevada with our wind, sun and geothermal potential.
- Doing more with less inspires innovation by employers and employees.
- The advent of the social media will help in marketing.
- The consumer wants more protection, security and flexibility. There will be more innovative products especially in the healthcare field.
- Hope is now. The population is starting to accept the fact that the recession is over and the economically, we are headed in the right direction.
What we don't know is when the train will reach Nevada. Around Nevada we are starting to see signs of recovery, but we believe the train is another quarter away.
Look for our newsletter for the month of June which we will be on the Healthcare reform that was signed into law in March of 2010.
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