Thursday, October 21, 2010

Leading indicators still positive


The Leading Indicators (weekly hours (manufacturing), weekly jobless claims, manufacturers' new orders, vendor performance, building permits, stock prices, M2, yield curve slope, and consumer expectations) continue to reflect an economy that is likely growing—no sign at all of a double-dip here.

1 comment:

Benjamin said...

Has "no double dip" become our new bar?
If that is our attitude, Japan here we come.

(PS, I know Scott Grannis wants higher growth...I am nettled at the complacency of others....)