In the midst of recession speculations on Wall Street, US Commerce Secretary, Carlos Guierrez stays optimistic of the country’s overall economic health. This claim is hard to believe considering all the contradictory evidence and rumblings of a recession.

Gutierrez pointed to rising wages, an increase in the total amount of hours worked, growing exports and unemployment that remains below the 30-year average as all signs the economy is still strong.

“I look at the facts,” he said in an interview Friday with CNNMoney.com. “There are some very positive sides to the U.S. economy, the challenge is to keep it going.”

Despite all of the economic problems, venture capital companies, like Arthur Trueger’s BerkeleyVC, seem to be finding plenty of start up tech companies in which to invest. That could be because of the always growing technology capabilities and the companies that provide and develop them. To read more on this story go to CNN, to read more about Arthur Trueger and venture capital news visit Arthur Trueger’s blog.