{"id":1987,"date":"2009-05-07T03:59:09","date_gmt":"2009-05-07T07:59:09","guid":{"rendered":"https:\/\/smarttan.com\/blog\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/"},"modified":"2009-05-07T03:59:09","modified_gmt":"2009-05-07T07:59:09","slug":"report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year","status":"publish","type":"post","link":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/","title":{"rendered":"Report finds &#8216;upbeat&#8217; signs for economic recovery to begin this year."},"content":{"rendered":"<p>U.S. consumer spending grew in the first quarter of 2009 \u2014 one of several economic signs that has the nation&#8217;s top forecaster cautiously optimistic that an economic recovery could take shape later this year.<\/p>\n<p><!--more--><a href=\"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.jpg\" title=\"2009-05-06-bright-signs-tanningnews-copy.jpg\"><img decoding=\"async\" src=\"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg\" style=\"margin: 5px 10px 5px 0px\" alt=\"2009-05-06-bright-signs-tanningnews-copy.jpg\" vspace=\"5\" align=\"left\" hspace=\"10\" \/><\/a>The New York Times reported Tuesday that U.S. Federal Reserve Chairman Ben Bernanke feels the U.S. economy is &#8220;stabilizing on many fronts&#8221; and that there is cause for optimism even in the face of sizable job losses in the economy.<\/p>\n<p>&#8220;Notwithstanding his caveats, the Fed chairman gave his most upbeat assessment since the United States fell into its most severe financial crisis since the Depression and its steepest recession since at least the early 1980s,&#8221; The New York Times reported Tuesday. &#8220;He noted that consumer spending, which sank sharply the second half of 2008, actually grew in the first quarter of this year. Sales of existing homes have been &#8216;fairly stable&#8217; since late last year, in part because plunging home prices have made houses more affordable and interest rates on some fixed-rate mortgages have fallen below 5 percent.&#8221;<\/p>\n<p>The North American tanning market has proven it is still recession-resistant \u2014 with Smart Tan surveys in the past year continuing to demonstrate that roughly a third of to one-half of the market is performing above expectation, while one-quarter to one-third is meeting expectations and one-quarter to one-third is below expectations.<\/p>\n<p>More encouraging: an April SmartTan.com poll showed that 74 percent of tanning businesses report an increase in client numbers so far in 2009 as compared to 2008.<\/p>\n<p>&#8220;There is no doubt that the retail ownership in the tanning market today is better poised to be in the right position when the rest of the economy catches up,&#8221; Smart Tan Vice President Joseph Levy said. &#8220;That&#8217;s why Smart Tan continues to be optimistic about this season and is preparing to assist salons who are poised to grow heading into the coming year.&#8221;<\/p>\n<p>To read the Times story <a href=\"http:\/\/www.nytimes.com\/2009\/05\/06\/business\/economy\/06fed.html?_r=1&amp;hp\" target=\"_blank\">click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. consumer spending grew in the first quarter of 2009 \u2014 one of several economic signs that has the nation&#8217;s top forecaster cautiously optimistic that an economic recovery could take shape later this year.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1987","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Report finds &#039;upbeat&#039; signs for economic recovery to begin this year. - Smart Tan News<\/title>\n<meta name=\"description\" content=\"U.S. consumer spending grew in the first quarter of 2009 \u2014 one of several economic signs that has the nation&#039;s top forecaster cautiously optimistic that an economic recovery could take shape later this year. The New York Times reported Tuesday that U.S. Federal Reserve Chairman Ben Bernanke feels the U.S. economy is &quot;stabilizing on many fronts&quot; and that there is cause for optimism even in the face of sizable job losses in the economy. &quot;Notwithstanding his caveats, the Fed chairman gave his most upbeat assessment since the United States fell into its most severe financial crisis since the Depression and its steepest recession since at least the early 1980s,&quot; The New York Times reported Tuesday. &quot;He noted that consumer spending, which sank sharply the second half of 2008, actually grew in the first quarter of this year. Sales of existing homes have been &#039;fairly stable&#039; since late last year, in part because plunging home prices have made houses more affordable and interest rates on some fixed-rate mortgages have fallen below 5 percent.&quot; The North American tanning market has proven it is still recession-resistant \u2014 with Smart Tan surveys in the past year continuing to demonstrate that roughly a third of to one-half of the market is performing above expectation, while one-quarter to one-third is meeting expectations and one-quarter to one-third is below expectations. More encouraging: an April SmartTan.com poll showed that 74 percent of tanning businesses report an increase in client numbers so far in 2009 as compared to 2008. &quot;There is no doubt that the retail ownership in the tanning market today is better poised to be in the right position when the rest of the economy catches up,&quot; Smart Tan Vice President Joseph Levy said. &quot;That&#039;s why Smart Tan continues to be optimistic about this season and is preparing to assist salons who are poised to grow heading into the coming year.&quot; To read the Times story click here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report finds &#039;upbeat&#039; signs for economic recovery to begin this year. - Smart Tan News\" \/>\n<meta property=\"og:description\" content=\"U.S. consumer spending grew in the first quarter of 2009 \u2014 one of several economic signs that has the nation&#039;s top forecaster cautiously optimistic that an economic recovery could take shape later this year. The New York Times reported Tuesday that U.S. Federal Reserve Chairman Ben Bernanke feels the U.S. economy is &quot;stabilizing on many fronts&quot; and that there is cause for optimism even in the face of sizable job losses in the economy. &quot;Notwithstanding his caveats, the Fed chairman gave his most upbeat assessment since the United States fell into its most severe financial crisis since the Depression and its steepest recession since at least the early 1980s,&quot; The New York Times reported Tuesday. &quot;He noted that consumer spending, which sank sharply the second half of 2008, actually grew in the first quarter of this year. Sales of existing homes have been &#039;fairly stable&#039; since late last year, in part because plunging home prices have made houses more affordable and interest rates on some fixed-rate mortgages have fallen below 5 percent.&quot; The North American tanning market has proven it is still recession-resistant \u2014 with Smart Tan surveys in the past year continuing to demonstrate that roughly a third of to one-half of the market is performing above expectation, while one-quarter to one-third is meeting expectations and one-quarter to one-third is below expectations. More encouraging: an April SmartTan.com poll showed that 74 percent of tanning businesses report an increase in client numbers so far in 2009 as compared to 2008. &quot;There is no doubt that the retail ownership in the tanning market today is better poised to be in the right position when the rest of the economy catches up,&quot; Smart Tan Vice President Joseph Levy said. &quot;That&#039;s why Smart Tan continues to be optimistic about this season and is preparing to assist salons who are poised to grow heading into the coming year.&quot; To read the Times story click here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Smart Tan News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SmartTan\" \/>\n<meta property=\"article:published_time\" content=\"2009-05-07T07:59:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg\" \/>\n<meta name=\"author\" content=\"smarttan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SmartTan\" \/>\n<meta name=\"twitter:site\" content=\"@SmartTan\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"smarttan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/\"},\"author\":{\"name\":\"smarttan\",\"@id\":\"https:\/\/news.smarttan.com\/#\/schema\/person\/4191f4b1131c0a37b4fd39f876771e7b\"},\"headline\":\"Report finds &#8216;upbeat&#8217; signs for economic recovery to begin this year.\",\"datePublished\":\"2009-05-07T07:59:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/\"},\"wordCount\":328,\"publisher\":{\"@id\":\"https:\/\/news.smarttan.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/\",\"url\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/\",\"name\":\"Report finds 'upbeat' signs for economic recovery to begin this year. - Smart Tan News\",\"isPartOf\":{\"@id\":\"https:\/\/news.smarttan.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg\",\"datePublished\":\"2009-05-07T07:59:09+00:00\",\"description\":\"U.S. consumer spending grew in the first quarter of 2009 \u2014 one of several economic signs that has the nation's top forecaster cautiously optimistic that an economic recovery could take shape later this year. The New York Times reported Tuesday that U.S. Federal Reserve Chairman Ben Bernanke feels the U.S. economy is \\\"stabilizing on many fronts\\\" and that there is cause for optimism even in the face of sizable job losses in the economy. \\\"Notwithstanding his caveats, the Fed chairman gave his most upbeat assessment since the United States fell into its most severe financial crisis since the Depression and its steepest recession since at least the early 1980s,\\\" The New York Times reported Tuesday. \\\"He noted that consumer spending, which sank sharply the second half of 2008, actually grew in the first quarter of this year. Sales of existing homes have been 'fairly stable' since late last year, in part because plunging home prices have made houses more affordable and interest rates on some fixed-rate mortgages have fallen below 5 percent.\\\" The North American tanning market has proven it is still recession-resistant \u2014 with Smart Tan surveys in the past year continuing to demonstrate that roughly a third of to one-half of the market is performing above expectation, while one-quarter to one-third is meeting expectations and one-quarter to one-third is below expectations. More encouraging: an April SmartTan.com poll showed that 74 percent of tanning businesses report an increase in client numbers so far in 2009 as compared to 2008. \\\"There is no doubt that the retail ownership in the tanning market today is better poised to be in the right position when the rest of the economy catches up,\\\" Smart Tan Vice President Joseph Levy said. \\\"That's why Smart Tan continues to be optimistic about this season and is preparing to assist salons who are poised to grow heading into the coming year.\\\" To read the Times story click here.\",\"breadcrumb\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#primaryimage\",\"url\":\"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg\",\"contentUrl\":\"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/news.smarttan.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Report finds &#8216;upbeat&#8217; signs for economic recovery to begin this year.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/news.smarttan.com\/#website\",\"url\":\"https:\/\/news.smarttan.com\/\",\"name\":\"Smart Tan News\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/news.smarttan.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/news.smarttan.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/news.smarttan.com\/#organization\",\"name\":\"Smart Tan\",\"url\":\"https:\/\/news.smarttan.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/news.smarttan.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/smarttan.com\/news\/wp-content\/uploads\/2022\/08\/Smart-Tan.png\",\"contentUrl\":\"https:\/\/smarttan.com\/news\/wp-content\/uploads\/2022\/08\/Smart-Tan.png\",\"width\":500,\"height\":164,\"caption\":\"Smart Tan\"},\"image\":{\"@id\":\"https:\/\/news.smarttan.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SmartTan\",\"https:\/\/x.com\/SmartTan\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/news.smarttan.com\/#\/schema\/person\/4191f4b1131c0a37b4fd39f876771e7b\",\"name\":\"smarttan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/60bebff64d4c62315967b9126de927b81d5a9d9511fd52f9dbe9e8b344149182?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/60bebff64d4c62315967b9126de927b81d5a9d9511fd52f9dbe9e8b344149182?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/60bebff64d4c62315967b9126de927b81d5a9d9511fd52f9dbe9e8b344149182?s=96&d=mm&r=g\",\"caption\":\"smarttan\"},\"url\":\"https:\/\/news.smarttan.com\/index.php\/author\/smarttan\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Report finds 'upbeat' signs for economic recovery to begin this year. - Smart Tan News","description":"U.S. consumer spending grew in the first quarter of 2009 \u2014 one of several economic signs that has the nation's top forecaster cautiously optimistic that an economic recovery could take shape later this year. The New York Times reported Tuesday that U.S. Federal Reserve Chairman Ben Bernanke feels the U.S. economy is \"stabilizing on many fronts\" and that there is cause for optimism even in the face of sizable job losses in the economy. \"Notwithstanding his caveats, the Fed chairman gave his most upbeat assessment since the United States fell into its most severe financial crisis since the Depression and its steepest recession since at least the early 1980s,\" The New York Times reported Tuesday. \"He noted that consumer spending, which sank sharply the second half of 2008, actually grew in the first quarter of this year. Sales of existing homes have been 'fairly stable' since late last year, in part because plunging home prices have made houses more affordable and interest rates on some fixed-rate mortgages have fallen below 5 percent.\" The North American tanning market has proven it is still recession-resistant \u2014 with Smart Tan surveys in the past year continuing to demonstrate that roughly a third of to one-half of the market is performing above expectation, while one-quarter to one-third is meeting expectations and one-quarter to one-third is below expectations. More encouraging: an April SmartTan.com poll showed that 74 percent of tanning businesses report an increase in client numbers so far in 2009 as compared to 2008. \"There is no doubt that the retail ownership in the tanning market today is better poised to be in the right position when the rest of the economy catches up,\" Smart Tan Vice President Joseph Levy said. \"That's why Smart Tan continues to be optimistic about this season and is preparing to assist salons who are poised to grow heading into the coming year.\" To read the Times story click here.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/","og_locale":"en_US","og_type":"article","og_title":"Report finds 'upbeat' signs for economic recovery to begin this year. - Smart Tan News","og_description":"U.S. consumer spending grew in the first quarter of 2009 \u2014 one of several economic signs that has the nation's top forecaster cautiously optimistic that an economic recovery could take shape later this year. The New York Times reported Tuesday that U.S. Federal Reserve Chairman Ben Bernanke feels the U.S. economy is \"stabilizing on many fronts\" and that there is cause for optimism even in the face of sizable job losses in the economy. \"Notwithstanding his caveats, the Fed chairman gave his most upbeat assessment since the United States fell into its most severe financial crisis since the Depression and its steepest recession since at least the early 1980s,\" The New York Times reported Tuesday. \"He noted that consumer spending, which sank sharply the second half of 2008, actually grew in the first quarter of this year. Sales of existing homes have been 'fairly stable' since late last year, in part because plunging home prices have made houses more affordable and interest rates on some fixed-rate mortgages have fallen below 5 percent.\" The North American tanning market has proven it is still recession-resistant \u2014 with Smart Tan surveys in the past year continuing to demonstrate that roughly a third of to one-half of the market is performing above expectation, while one-quarter to one-third is meeting expectations and one-quarter to one-third is below expectations. More encouraging: an April SmartTan.com poll showed that 74 percent of tanning businesses report an increase in client numbers so far in 2009 as compared to 2008. \"There is no doubt that the retail ownership in the tanning market today is better poised to be in the right position when the rest of the economy catches up,\" Smart Tan Vice President Joseph Levy said. \"That's why Smart Tan continues to be optimistic about this season and is preparing to assist salons who are poised to grow heading into the coming year.\" To read the Times story click here.","og_url":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/","og_site_name":"Smart Tan News","article_publisher":"https:\/\/www.facebook.com\/SmartTan","article_published_time":"2009-05-07T07:59:09+00:00","og_image":[{"url":"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg","type":"","width":"","height":""}],"author":"smarttan","twitter_card":"summary_large_image","twitter_creator":"@SmartTan","twitter_site":"@SmartTan","twitter_misc":{"Written by":"smarttan","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#article","isPartOf":{"@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/"},"author":{"name":"smarttan","@id":"https:\/\/news.smarttan.com\/#\/schema\/person\/4191f4b1131c0a37b4fd39f876771e7b"},"headline":"Report finds &#8216;upbeat&#8217; signs for economic recovery to begin this year.","datePublished":"2009-05-07T07:59:09+00:00","mainEntityOfPage":{"@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/"},"wordCount":328,"publisher":{"@id":"https:\/\/news.smarttan.com\/#organization"},"image":{"@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg","articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/","url":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/","name":"Report finds 'upbeat' signs for economic recovery to begin this year. - Smart Tan News","isPartOf":{"@id":"https:\/\/news.smarttan.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#primaryimage"},"image":{"@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg","datePublished":"2009-05-07T07:59:09+00:00","description":"U.S. consumer spending grew in the first quarter of 2009 \u2014 one of several economic signs that has the nation's top forecaster cautiously optimistic that an economic recovery could take shape later this year. The New York Times reported Tuesday that U.S. Federal Reserve Chairman Ben Bernanke feels the U.S. economy is \"stabilizing on many fronts\" and that there is cause for optimism even in the face of sizable job losses in the economy. \"Notwithstanding his caveats, the Fed chairman gave his most upbeat assessment since the United States fell into its most severe financial crisis since the Depression and its steepest recession since at least the early 1980s,\" The New York Times reported Tuesday. \"He noted that consumer spending, which sank sharply the second half of 2008, actually grew in the first quarter of this year. Sales of existing homes have been 'fairly stable' since late last year, in part because plunging home prices have made houses more affordable and interest rates on some fixed-rate mortgages have fallen below 5 percent.\" The North American tanning market has proven it is still recession-resistant \u2014 with Smart Tan surveys in the past year continuing to demonstrate that roughly a third of to one-half of the market is performing above expectation, while one-quarter to one-third is meeting expectations and one-quarter to one-third is below expectations. More encouraging: an April SmartTan.com poll showed that 74 percent of tanning businesses report an increase in client numbers so far in 2009 as compared to 2008. \"There is no doubt that the retail ownership in the tanning market today is better poised to be in the right position when the rest of the economy catches up,\" Smart Tan Vice President Joseph Levy said. \"That's why Smart Tan continues to be optimistic about this season and is preparing to assist salons who are poised to grow heading into the coming year.\" To read the Times story click here.","breadcrumb":{"@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#primaryimage","url":"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg","contentUrl":"https:\/\/smarttan.com\/blog\/wp-content\/uploads\/2009\/05\/2009-05-06-bright-signs-tanningnews-copy.thumbnail.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/news.smarttan.com\/index.php\/report-finds-upbeat-signs-for-economic-recovery-to-begin-this-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/news.smarttan.com\/"},{"@type":"ListItem","position":2,"name":"Report finds &#8216;upbeat&#8217; signs for economic recovery to begin this year."}]},{"@type":"WebSite","@id":"https:\/\/news.smarttan.com\/#website","url":"https:\/\/news.smarttan.com\/","name":"Smart Tan News","description":"","publisher":{"@id":"https:\/\/news.smarttan.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/news.smarttan.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/news.smarttan.com\/#organization","name":"Smart Tan","url":"https:\/\/news.smarttan.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news.smarttan.com\/#\/schema\/logo\/image\/","url":"https:\/\/smarttan.com\/news\/wp-content\/uploads\/2022\/08\/Smart-Tan.png","contentUrl":"https:\/\/smarttan.com\/news\/wp-content\/uploads\/2022\/08\/Smart-Tan.png","width":500,"height":164,"caption":"Smart Tan"},"image":{"@id":"https:\/\/news.smarttan.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SmartTan","https:\/\/x.com\/SmartTan"]},{"@type":"Person","@id":"https:\/\/news.smarttan.com\/#\/schema\/person\/4191f4b1131c0a37b4fd39f876771e7b","name":"smarttan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/60bebff64d4c62315967b9126de927b81d5a9d9511fd52f9dbe9e8b344149182?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/60bebff64d4c62315967b9126de927b81d5a9d9511fd52f9dbe9e8b344149182?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/60bebff64d4c62315967b9126de927b81d5a9d9511fd52f9dbe9e8b344149182?s=96&d=mm&r=g","caption":"smarttan"},"url":"https:\/\/news.smarttan.com\/index.php\/author\/smarttan\/"}]}},"_links":{"self":[{"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/posts\/1987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/comments?post=1987"}],"version-history":[{"count":0,"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/posts\/1987\/revisions"}],"wp:attachment":[{"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/media?parent=1987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/categories?post=1987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.smarttan.com\/index.php\/wp-json\/wp\/v2\/tags?post=1987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}