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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Positive Economic News, consumer confidence | Tagged: consumer confidence, economic news, good economic news, Positive Economic News |
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Posted by tzugidan
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
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Positive Economic News | Tagged: economic news, financial system, geithner, good economic news, Positive Economic News |
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Posted by tzugidan
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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Positive Economic News, employment | Tagged: economic news, economy, employment, employment news, good economic news, job losses, Positive Economic News |
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Posted by tzugidan
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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Positive Economic News | Tagged: consumer confidence, economic news, good economic news, Positive Economic News |
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Posted by tzugidan
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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Positive Economic News | Tagged: Positive Economic News |
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Posted by tzugidan