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Is the Recession Over? More Good News - 8/24/2009 1:24:04 AM

Brain

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Is the Recession Over? More Good News

Yesterday I said that the hard evidence for the recession being over was a little soft, with only three of the four main coincident indicators turning up. Today’s announcement of industrial production gives us a second indicator that has turned up, at least for one month.
Yesterday I said that the hard evidence for the recession being over was a little soft, with only three of the four main coincident indicators turning up. Today’s announcement of industrial production gives us a second indicator that has turned up, at least for one month.

Read Full Story at oregonbusinessreport
http://oregonbusinessreport.com/2009/08/is-the-recession-over-more-good-news/

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RE: Is the Recession Over? More Good News - 8/24/2009 2:18:00 AM

Brain

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6 of 10 economic indicators were positive

An economic recovery may begin soon, and data suggest that the recession is bottoming out, the Conference Board said Thursday.For its fourth consecutive monthly gain, the index of leading economic indicators rose 0.6% in July, following an upwardly revised increase of 0.8% in June.

Read Full Story at oregonbusinessreport
http://oregonbusinessreport.com/2009/08/6-of-10-economic-indicators-were-positive/

Hopefully the worst is over although I don’t expect Republicans to give Obama any credit after hearing them complain yesterday about his vacation in Martha’s Vineyard with his family. What a joke that is,
complaining about that after George Bush just broke the record for vacation time by a United States President..

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RE: Is the Recession Over? More Good News - 8/24/2009 2:28:35 AM

Politesub53

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I dont think you can make the recovery into a political issue. This is a world wide event, and while it started with the sub prime mortgages in the US, international trade made it worse than it could have been.

You could give the UK credit, or China or the US, truth is its just a global market steadying itself.

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