Leading Economic Indicators Up…again

The Conference Board Leading Economic Index (LEI) rose for the fifth straight month in August 2009. Combined with flat performance in the Conference Board Coincident Economic Index (CEI), this signals a possible bottoming out of the current U.S. economic recession.

According to Conference Board economist Ken Goldstein, “The LEI has risen for five consecutive months and the CEI has stopped falling,” said Goldstein. “Taken together, this suggests that the recession is bottoming out. These numbers are consistent with the view that after a very severe downturn, a recovery is very near. But, the intensity and pattern of that recovery is more uncertain.”

To read more about the Leading Economic Index on the Retailer Daily website, click here.

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About Arthur De Gennaro

My friends call me Art. Welcome to my blog. In this space you’ll find information and comments on the ophthalmology world, the optical industry, the hearing industry and medical practice management. My intent is to provide information you can use to improve your business and your own performance. Please visit often and feel free to join the discussions by leaving comments.

You can learn more about me and my consulting company, Arthur De Gennaro & Associates, LLC by visiting my web site www.adegennaro.com

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September 2009

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