opinion

How much longer will the recession last in Rhode Island?

Less than six months 10% | 19 votes
Six to 12 months 16% | 31 votes
12 to 18 months 23% | 46 votes
18 to 24 months 22% | 44 votes
More than two years 29% | 56 votes

By PBN Staff
Posted 2/10/09

Spending decisions by both consumers and businesses depend in large part on their expectations of the coming weeks, months and years.

Optimistic assessments of the future are more likely to lead to bullish approaches to spending, just as pessimistic views likely lead to less investment and buying behavior.

Individual estimates of the length of the recession, then, will go a long way toward determining its actual length.

How long do you think the recession will continue in Rhode Island?

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