Saturday, December 19, 2009

Another V-Sign of Economic Recovery: ECRI

NEW YORK, Dec 18 (Reuters) - A weekly measure of future U.S. economic growth continued to rise, reaching levels hit in the summer of 2008, while its yearly growth rate climbed toward recent record levels, a research group said on Friday, saying this reaffirmed its forecasts of smooth recovery into 2010. The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index rose to 130.7 in the week ended Dec. 11 from an upwardly revised 130.2 the previous week (see chart above).

3 Comments:

At 12/19/2009 2:36 PM, Anonymous Le Milieu d'ĂȘtre au jus said...

During past 9 years, percent of population employed has dropped from 64% in USA to 58%.

In spite of smaller families it still falls fast
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Aargh
!

 
At 12/19/2009 5:35 PM, Anonymous Junkyard_hawg1985 said...

Wow, it looks like the economy has made it back to where it was in 1999.

 
At 12/19/2009 6:02 PM, Blogger juandos said...

Here's Why The Economy Is Going To Suck Wind Next Year

by John Mauldin

 

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