Latest Economic Indicater Index Declines

[mindfulNJ]

http://www.msnbc.msn.com/id/6298650/

NEW YORK - The Index of Leading Economic Indicators, a widely watched barometer of future economic activity, edged lower in September for the fourth month in a row, indicating a slowing in economic growth, a private research group reported Thursday.

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The Conference Board said that its indicator of upcoming activity in the economy fell 0.1 percent last month, following declines of 0.3 percent in August and 0.3 percent in July.

The group said that while the weakness over the last several months in the economy has become more widespread, the declines in the indicator are not yet large enough nor have they lasted long enough to suggest that the current economic expansion is ending.

More bad news for shrub...

[benburch]

1. Isn't four months a recession?

Or is that some other indicator?

[papau]

2. GDP drop over 2 qtrs is WSJ definition of recession

Leading indicators down for 4 months says recession is likely in next 6 months - and this is correct about 60% of the time!

[Amigust]

4. NASDAQ not confirming recession by today's action,

or is NASDAQ looking beyond a recession? How far out is the market discounting now? 6 mos, 12 mos, ___ ???

[Mr_Spock]

3. Dow -1000, Gas & Oil +30%, Heath care +64%, Illegal War Kills - in 4 years

Bush is a walking disaster area - trickle down DOESN'T WORK damn it - you should have listened to your father - ass hole.