Another (Informal) Sign of Recovery?

One more potential (totally unscientific) sign of recovery, or at least a possible sign of the thawing of credit markets: the return of the happy lender dance ads.

I’m referring, of course, to the hypnotic, gyrating, seizure-inducing Flash ads like this one:

During the credit bubble, these ads were everywhere. Fan sites and blogs sprang up in devotion (or annoyance). Then as the credit markets began to freeze up, Experian/LowerMyBills began cutting its advertising.

Up until today, I hadn’t seen these once-ubiquitous ads in about a year. But I just had a sighting on Calculated Risk, which ran a happy-lender-dance banner ad reading, “Obama Backs Insurance Regulation.” Still, it may be too soon to know whether the ads — like the economy and credit markets they’re intertwined with — are truly staging a comeback.

I never stopped seeing those ads, especially on weather.com. Maybe they’re too cheap to cancel, which would not be a good sign.

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David Leonhardt writes the Economic Scene column, which appears in The Times on Wednesdays.

Catherine Rampell is the economics editor at nytimes.com.

R.M. Schneiderman is a Web producer for nytimes.com.

Marc Lacey is The Times's bureau chief for Mexico, Central America and the Caribbean.

Carter Dougherty is a European economic correspondent for The Times and the International Herald Tribune.

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