Okay, the nation’s unemployment rate remained depressingly high last month and the president of the Boston Federal Reserve Bank is warning high unemployment isn’t going away soon. Those are all causes for concern.
But the Boston Business Journal is reporting that 11 Massachusetts firms received $118 million in venture capital funding in the last week alone. Something’s stirring out there – and it’s positive. The return of VC funding is usually a good sign of a recovery.
The economy is still fragile, but there are encouraging non-housing-market signs out there.