"Although the slow growth of the U.S. economy and the European recession has dampened the near term prospects for general aviation, the long-term outlook remains favorable." Source: Excerpt from the FAA's long-range aviation forecast.
North Atlantic Oscillation - the NAO is a large-scale fluctuation in atmospheric pressure between the subtropical high pressure system located near the Azores in the Atlantic Ocean and the sub-polar low pressure system near Iceland and is quantified in the NAO Index.
The 28th Annual Sentimental Journey to Cub Haven Fly-In is coming up June 19th-22nd, 2013. A chance to turn out to celebrate and "Kiss the ground the Piper J-3 was built on."