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Already, he added, "we've seen the prices hit bottom and start to rebound".
Markets start to rebound, on average, four or five months before an economy reaches its trough.
Experts anticipate that commercial real estate will continue falling this year, as unemployment rises, but start to rebound in 2010.
But demand for loans from consumers is weak, especially in areas such as credit cards and mortgages, although banks hope that these will soon start to rebound.
AT A recent congressional hearing I cautiously noted some "glimmers of hope" that the economy could stabilise and perhaps start to rebound later in the year.
I view the economy as probably going to be pretty slow in the first half, and hopefully the second half of next year it will start to rebound.
Similar(38)
THE real estate market has started to rebound, but it has been a rough five years.
Many economists say they think overall growth has started to rebound in the July-September quarter.
But the figures for December exports suggest that the economy may finally be starting to rebound.
But Mr. Mehrmann said that attendance had started to rebound in August.
As a group, the stocks remained depressed well after technology stocks started to rebound last week.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com