Tuesday, September 22, 2009

Leading Economic Indicators Increase Again

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From the WSJ:

The index of leading indicators rose for the fifth consecutive month in August, offering yet another sign of a recovering U.S. economy.

The leading index increased 0.6% last month, after a revised 0.9% gain in July, the Conference Board reported Monday. July's gain was originally reported as 0.6%.

These numbers are incredibly strong and indicate the recession is over and growth will start soon.