Business Survey Update
The Tatum Survey of Business Conditions on March 1, 2009, reported that U.S. business conditions remained "deep in recession."
The bad news: Commitments to capital expenditures and employment continue to deteriorate. Financing conditions remained "tight, depressed and unavailable to all but the most credit-worth customers."
The good news: The Index of Business Conditions moved up slightly for the fourth consecutive month and the trend of overall conditions has ceased to declined.
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