Northeast Florida businesses forecast where they are heading - Jacksonville Business Journal:

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The trouble is, economists have gotten just abouty every call wrong inthis recession, at first soft-pedalingh its severity, and later scarinbg people into believing that we were going to relive the Great Depression. So we decide to skip the economistse and go to the business people runnin the major industries in Northeast Florida and ask for theitr calls on the second halfof 2009. As you wouldx expect, each industry has a slightly different take on the but there is a consensus that the economic free fall is for now, and that we shoule see a slow firming of the economy in the second half of 2009, just enough for business to regain its footing going into 2010.
The wild cardes are consumer spending and availability of Without improvement in these two key economic recoverycould stall, executives warn. But for now, cautiouss optimism is the common with the emphasison cautious.