Better Economic Days Ahead

By Tessa Leone

If Google's profits are any representation of our economy then we truly may be out of the recession. Google's quarterly revenue displays a strong increase in profit. It is 7% higher than last years, a number that exceeded expectations.

The revenue from the adds placed on Google also increased in the last Fiscal year.

"While there's obviously a lot of uncertainty about the pace of the economic recovery, we believe the worst of the recession is behind us", said Eric Shmidt, a Google CEO.

The growth in profit may have been related to the decrease in employee headcount but Google advertisers also reported a signifigant increase in overall numbers from last year.

If Google is improving I wonder what businesses will follow suit.

Photo Credited to Google