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Thursday 25 June 2009 8:00 pm  |  Updated:  Friday 31 May 2019 10:22 am

ARE WE STARTING TO SEE SOME GREEN SHOOTS?

By: admindrupal

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JAMES DONALDSON DRIVERS JONAS, PROPERTY CONSULTANCY
“In the housing market we’re seeing a definite growth in the short term. But whether or not that will last is another question. It’s entirely possible it’s only a short term recovery. Consumer confidence won’t bounce straight back into action until the banks start properly lending.”

BRIAN RANSLEY COMO, SPECIALIST CONTRACTOR
“I don’t think we’re seeing green shoots just yet. I think consumer confidence will pick up in September, but there’s still bad news to come. Unemployment will continue to rise. It’s too early for this recession to have hit bottom.”

ALAN WATSON LOGICALIS
“Yes. Companies are slowly increasing their budgets and increasing orders, and consumers are slowly heading back to the shops. But unemployment will definitely get worse before it gets better, and I don’t think we’ll ever return to the culture of weath we had before.”

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