Sage on a Way to Recovery

According to the first half results of software giant Sage, after being badly affected by the downturn, it has initiated the process of its recovery.

As revealed by those unaudited accounts, there now exist organic growth, pre-tax profit, debt reduction and increased revenue.

Small business slow to feel the recovery

We’re hearing that there are signs the recession is winding down and the economy may be on the way to recovery.

But what about small local businesses?

S&P Has Made Tremendous Gains: On Its Way To Recovery

The S&P 500 rose 95 percent from its low in March 2009 through yesterday as corporate earnings beat expectations, the Federal Reserve bought Treasuries to stimulate growth and the economy recovered from the worst recession since the Great Depression. U.S. gross domestic product growth quickened to 3.2 percent in the fourth quarter of last year from 2.6 percent in the third, the government reported on Jan. 28.