Conference Board Economic Index Rises

May 23, 2009

Excerpt:

For the first time in nearly a year, The Conference Board’s measure of economic prospects rose.

The Conference Board Leading Economic Index for the U.S. increased 1 percent in April, following a 0.2 percent decline in March and a 0.5 percent decline in February. The index of leading indicators is designed to forecast economic trends six to nine months ahead.

Read the full story here:

http://www.bizjournals.com/phoenix/stories/2009/05/18/daily54.html

Thanks to reader and contributor Rich Roedger for this article!

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Posted by tzugidan

Alan Greenspan “U.S. Economy Improved”

May 21, 2009

Alan Greenspan says the economy has certainly improved, around the globe.  Read the full story:

http://www.reuters.com/article/businessNews/idUSTRE54K0XR20090521?feedType=RSS&feedName=businessNews

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Posted by tzugidan

PostiveEconomic News Highlights – Monday May, 18

May 18, 2009

Seems every day more and more evidence that we can breathe a slight sigh of relief and get to work moving things back in a positive direction.

U.S. Budget Chief Says Signs Of Economic Free-Fall Over

Lowe’s Profit Tops View, Forecast Raised

Consumer’s Moods Rising Again In Early May

Mastercard Sees Greenshoots In Economy

And even though I don’t stare at the DJIA, S&P, NASDAQ or other major indices, it should be noteworthy that in the past few months, the major markets are up about 30%.  That shows some confidence by money managers that they are beginning to once again look to invest in America’s companies.

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Posted by tzugidan

Geithner says financial system starting to heal

May 13, 2009

Excerpt from Reuters News Service:

WASHINGTON (Reuters) – The U.S. financial system has completed a big part of the painful adjustment away from its excessively leveraged state, and lending is starting to improve, U.S. Treasury Secretary Timothy Geithner said on Wednesday.

Read the full story here:

Geithner says financial system starting to heal

2 Comments | Positive Economic News | Tagged: , , , , | Permalink
Posted by tzugidan

U.S. Retailers Confident After Bright April Sales

May 8, 2009

Excerpt: NEW YORK (Reuters) – U.S. retailers posted better- than-expected monthly sales results for a second straight month in April, giving fresh evidence that consumer spending is warming up with the spring weather.

Read the full story here: http://www.reuters.com/article/businessNews/idUSTRE54632920090507?feedType=RSS&feedName=businessNews

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Posted by tzugidan

Private Sector Job Losses Slow In April, By Over 200,000

May 6, 2009

From Reuter’s News Service:

NEW YORK (Reuters) – U.S. private sector job losses slowed in April, coming in below economists’ expectations, according to a report by ADP Employer Services on Wednesday.

ADP said private employers cut 491,000 jobs in April versus a revised 708,000 lost in March that was originally reported at 742,000 jobs lost.

Economists had expected 650,000 private-sector job cuts in April, according to a Reuters poll.

(Reporting by Burton Frierson, Editing by Chizu Nomiyama)

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Posted by tzugidan

Consumers Give Hope For Economic Rebound

May 6, 2009

From Associated Press, excerpt:

WASHINGTON (AP) — Consumers are snapping back to life, kindling springtime hopes that the recession is losing steam.

Even though the economy shrank again in the first three months of the year — and by a lot — Americans stepped up their purchases of cars, furniture and appliances. The surge in consumer spending, which accounts for about 70 percent of the economy, could set the stage for a rebound later this year.
Read the full story here:http://www.google.com/hostednews/ap/article/ALeqM5gNiyJ905Ho0Ur96V2TQhsBX19lGwD97SEPB00

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Posted by tzugidan

Iowa Experts See Economy Turning

May 6, 2009

Excerpt from KCCI online: DES MOINES, Iowa — The stock market’s best monthly performance in nine years and other recent positive economic news have some people wondering whether the recession may be starting to reach a turning point.The Dow Jones industrial average jumped 2,000 points since March. First-time home buyers are taking advantage of an $8,000 tax credit and new unemployment claims are down.

Read the full story:http://www.kcci.com/money/19348490/detail.html

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Posted by tzugidan

Analysts In Semi Conductor Industry See U.S. Leading Rebound

May 6, 2009

From EETimes:  Excerpt “Despite positive economic news that continues to come from China, Castellano predicted that the U.S., not China, would lead the semiconductor industry out of recession. Evidence comes from positive activity in The Information Network’s leading indicators in the U.S. semiconductor industry, he said.”

Read the full story here:http://www.eetimes.com/news/semi/showArticle.jhtml?articleID=217300068

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Posted by tzugidan

Where Home Price Crashed Early, Signs Of Rebound Surfacing

May 5, 2009

In areas like Sacremento, Florida, SoCal, and Las Vegas (where home sales were up 35% last month), home appear to be improving, setting a positive tone for their local economy.  Read the full story at the NYT here:

http://www.nytimes.com/2009/05/05/business/economy/05turnaround.html?partner=rss&emc=rss

Leave a Comment » | Positive Economic News, housing | Tagged: , , , , | Permalink
Posted by tzugidan

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