Saturday, July 4, 2009

Leading Indicators Signal Recovery

This is a really cool site at the NYTimes. Go through the slides and you will see that the industrial production almost always follows leading indicators and the leading indicators seem to be close to the recovery phase! Even though the article says the recovery is going to be prolonged, the chart seems to show positive signs.

Turning A Corner?
Posted by VC
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11 comments:

  1. Grant MontgomeryAugust 12, 2009 at 6:09 PM

    Though most mainstream news is citing a decline in unemployment as proof that "the economy is stabilizing", the New York Times suggests that if you:

    Include [those who have given up looking for a job and those part-time workers who want to be working full time] …and the rate reached

    23.5 percent in Oregon

    21.5 percent in both Michigan and Rhode Island and

    20.3 percent in California.

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