It's a good time to be a Hog: On Wednesday, Harley-Davidson announced a stunning second-quarter jump in income, making the legendary Milwaukee-based motorcycle manufacturer a rare bright spot in a gray economy.
Lately, unqualified good economic news has been hard to come by. However, one recent indicator provides some cause for optimism: Motorcycle sales have revved up to a roaring recovery, and reached their highest level since before the recession.
Too scared to spend amid today's economic uncertainty, homeowners are just saying no to remodeling. The number of homeowners who say the economy has them shying away from renovations jumped from 69% in the spring to 80% now, and remodeling contractors report their business is down 3.81% over the last 12 months.
The vast majority of American businesses are privately held, run by ordinary people with all the same worries the rest of us have. And if you're cutting back on personal spending at home, how likely are you to feel comfortable hiring at work?