July means many things. The kids are off, the weather is hot, and somewhere between those two facts you can hope the lawn is being mowed regularly. But for those of us who are into economic stats, July is the start of a new quarter – the sleepiest quarter of the year, despite a tremendous number of summer jobs. Summertime, and the livin’ is easy.
It’s a good time to check in and see how we’ve done in 2011 so far and where we think it’ll go from here. The short answer is “Meh?” but the long answer is a much more definitive, “Meh, don’t expect much”. I’ll explain …