What can we look forward to after the worst U.S. economic and financial crisis in decades, possibly since the Great Depression? As crazy as it sounds at first, I believe 2010 will be the year of the entrepreneur.
Entering 2010 we see signs of a U.S. economic recovery and leading economists are calling for economic growth of 2.5-3.5%. Unemployment seems to have peaked at 10.2% in October, housing prices appear to be gradually on the mend and the stock market indexes have regained a significant portion of their losses from the trough of March 2009. But, admittedly, there is lingering uncertainty in the segment of the U.S. economy where innovation and job creation resides - small- and medium-sized businesses.
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Author: Gregory Bedrosian