ST Alpha - "From what I have heard, the US economy bottomed around early April and for Canada about a month later. " (Reading a Post)

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In response to "JD, I'm hearing a fair bit of 'recovery' news here right now." by Subversive

From what I have heard, the US economy bottomed around early April and for Canada about a month later.

Posted by Walt_Disney (aka Walt_Disney) Jul 23 '09, 16:04

Its by no means is amazing for for either country but business confidence seems to have improved since about that time. Thats both from stats and anecdotally.

Responses:

Canada's hit was not nearly as hard, though -- nm - Beryllium Jul 23, 16:09 9
- And the Canadian dollar has been moving up nicely. Back to over 91 cents US. - MojaveMeg Jul 23, 16:17 5
  - I think the populace of Canada has basically told the government to not let it hit par again ... :) - Beryllium Jul 23, 16:18 4
    - Americans don't come and shop then. ;) -- nm - the liioulu with thunder Jul 23, 16:20 3
      - Screw the Americans....I want the Canadians to buy from us :) -- nm - MojaveMeg Jul 23, 16:22 1
        
        The Europeans do that. ;) -- nm - the liioulu with thunder Jul 23, 16:29
      - exactly :) -- nm - Beryllium Jul 23, 16:21
- Ours was much later than the US and I think the bottoms will be similar but our will bounce back much quicker... - Walt_Disney Jul 23, 16:14 2
  - Yeah, I don't think we have any housing market equivalents to Detroit or Florida, thankfully -- nm - Beryllium Jul 23, 16:15 1
    - Detroit hasn't been in good shape for awhile. - the liioulu with thunder Jul 23, 16:17

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From what I have heard, the US economy bottomed around early April and for Canada about a month later.

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