ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN PROF. SKOSPLES' ECONOMIC SYSTEMS COURSE AT OHIO WESLEYAN UNIVERSITY
Sunday, January 24, 2010
Leading Economic Indicators Rise
The latest report from The Conference Board show that the economy is starting to rebound. The Leading Economic Index (LEI) shows increases in economic productivity of .3% in October, 1.0% in November and 1.1% in December. The (CEI) rose .1% in both October and November and another .1% in December. The Conference Board Lagging Economic Index (LAG) declined by .2% in October, .5% in November and .2% December. According to this article and the statistics it looks as if the economy is taking a turn upward.
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