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**Aztegjpl** · 02-28-2009, 05:59 AM

One, this isn't just about the US.

Two,
http://www.conference-board.org/econ...tput.cfm?cid=1
Although the LEI has risen during the past two months, it is too soon to say the contraction in the LEI that began in July 2007 is coming to an end. The LEI has continued to decline over a six-month period in the second half of 2008, with continued widespread weakness among its components. The primary sources of strength in the LEI in recent months have been the consistent and large contributions from inflation-adjusted money supply and the interest rate spread, and consumer expectations have only provided a weak positive contribution. At the same time, the CEI remains on a downtrend that began in November 2007, and the decline in the index has accelerated in recent months. All in all, the recent behavior of the composite economic indexes suggests that the economy will continue to be in recession in the near term.

An American cold has given most others pneumonia. That started it. Where it ends...

02-28-2009, 05:59 AM	#28
Aztegjpl Join Date Oct 2005 Posts 560 Senior Member	One, this isn't just about the US. Two, http://www.conference-board.org/econ...tput.cfm?cid=1 Although the LEI has risen during the past two months, it is too soon to say the contraction in the LEI that began in July 2007 is coming to an end. The LEI has continued to decline over a six-month period in the second half of 2008, with continued widespread weakness among its components. The primary sources of strength in the LEI in recent months have been the consistent and large contributions from inflation-adjusted money supply and the interest rate spread, and consumer expectations have only provided a weak positive contribution. At the same time, the CEI remains on a downtrend that began in November 2007, and the decline in the index has accelerated in recent months. All in all, the recent behavior of the composite economic indexes suggests that the economy will continue to be in recession in the near term. An American cold has given most others pneumonia. That started it. Where it ends...
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