Professor Mark J. Perry's Blog for Economics and Finance
The Conference Board announced today that the U.S. Index of Leading Economic Indicators increased in April for the second straight month, the first back-to-back gain since October 2006, signaling that the current slowdown will be short-lived (Bloomberg).
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
1 Comments:
I'm not convinced that this is true. Rising gas prices along with rising food prices means that economic indicators have little effect on people's lives.
Short lived? Depends who you are talking to.
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