There are a lot of folks who had been waiting and watching for quite some time for some encouraging signs from the US economy. It seems like these people will have something to cheer about, even as they wait to see concrete proof of this. Prima facie however, the news that is emanating from the US economy is quite cheerful and encouraging. It is also being seen that the US economy is rebounding from the recession much faster than some economies around the world, be it in Europe or otherwise. While there are still a few concerns in sectors like housing, the technology sector for instance is very strong and seems to be going from strength to strength. Tim Geithner, the US Treasury Secretary had mentioned that the payback of $6.7 billion by General Motors is a great sign as it is the fastest rate of jobs creation by the auto giant in over a decade or so.
A lot of people are of the firm opinion that the US economy has some inherent strengths and resilience that should be encouraged and emboldened by means of encouraging small and medium businesses that had been impacted bad by the US economy recession.