I’ve mentioned before that Bill Connerly the Oregon economist who is highly regarded has consistently said he sees reasons for optimism in the latter part of 2011, even with the slow down we have expreienced. Here is a post on his September Businomics Blog . Notice he says that commercial lending has been improving, and actually surged in July.
So while you may want to prepare a little defense if things hold or trend down a bit more, but don’t take your eye off the possibility of a better quarter coming up. Solidifying your growth and improved market share are likely if your prepared.
Remember this as well… 2012 is an election year, both the President and a whole slew of Democratic senate seats are on the line. They will pull every lever they can to generate activity.