Is the economy at the bottom now?

[w¡n9Nµ7 §£@¥€r 123]

Gary,

Nice!

[GiGii 4]

To Steven's point, I see a lot more construction today than I did a year ago. Unlike a year ago, though, none of it is residential.

They've even done some resurfacing on 22

Imagine that.

I also see a bunch of new strip malls which have resumed construction after sitting dormant for over a year. And a giant data center is coming up near me as well. Client unknown.

Also, the site that was previously supposed to be affordable housing down the street from me... is under construction. And the guys working there say it isn't affordable housing anymore. It's mixed use, retail and residential rentals with a shuttle to the train station (think nyc commuters).

ANDDD they've begun work on the huge mixed use project by New Brunswick train station too.

East Peoria has started construction on a new downtown. They have taken over a large area that used to have Cat factories on them and are building a really nice downtown. The lots have been empty for many years.

http://www.eastpeoria2010.com/new.asp

On the other side of the river they are building a new museum and a Caterpillar welcome center. We may even get our own IMAX theater!

http://www.buildtheblock.org

Its funny Gary how you think the whole economy is centered on what happens in little ol' Peoria. Caterpillar is having tremendous financial difficulty, its defaulting on payments to clients, so not sure why they are building a welcome center. Maybe to welcome a bailout plan.

I think the US recovery is still a while away. Another crash in credit will break later this year, when people all stop paying their credit cards and auto payments.

[w¡n9Nµ7 §£@¥€r 123]

Its funny Gary how you think the whole economy is centered on what happens in little ol' Peoria.

Other have posted anecdotes, with it being quite clear that's all they are.... anecdotes. Why jump on Gary when he does the same?

[GaryC 7]

To Steven's point, I see a lot more construction today than I did a year ago. Unlike a year ago, though, none of it is residential.

They've even done some resurfacing on 22

Imagine that.

I also see a bunch of new strip malls which have resumed construction after sitting dormant for over a year. And a giant data center is coming up near me as well. Client unknown.

Also, the site that was previously supposed to be affordable housing down the street from me... is under construction. And the guys working there say it isn't affordable housing anymore. It's mixed use, retail and residential rentals with a shuttle to the train station (think nyc commuters).

ANDDD they've begun work on the huge mixed use project by New Brunswick train station too.

East Peoria has started construction on a new downtown. They have taken over a large area that used to have Cat factories on them and are building a really nice downtown. The lots have been empty for many years.

http://www.eastpeoria2010.com/new.asp

On the other side of the river they are building a new museum and a Caterpillar welcome center. We may even get our own IMAX theater!

http://www.buildtheblock.org

Its funny Gary how you think the whole economy is centered on what happens in little ol' Peoria. Caterpillar is having tremendous financial difficulty, its defaulting on payments to clients, so not sure why they are building a welcome center. Maybe to welcome a bailout plan.

I think the US recovery is still a while away. Another crash in credit will break later this year, when people all stop paying their credit cards and auto payments.

Just looking for a ray of sunshine in the storm clouds. It's stuff I see every day on my way to work. And BTW, Cat is doing better than a lot of companies. It is hurting for sure but is a long way from needing a bailout.

[AlHayatZween 2]

Its funny Gary how you think the whole economy is centered on what happens in little ol' Peoria.

Other have posted anecdotes, with it being quite clear that's all they are.... anecdotes. Why jump on Gary when he does the same?

They are building a Chinese bank in my neighborhood.

[w¡n9Nµ7 §£@¥€r 123]

Its funny Gary how you think the whole economy is centered on what happens in little ol' Peoria.

Other have posted anecdotes, with it being quite clear that's all they are.... anecdotes. Why jump on Gary when he does the same?

They are building a Chinese bank in my neighborhood.

Good! We need the Chinese