Robert Sheehan II

Robert Sheehan II's Posts

  • An economic recovery may be coming earlier than expected. Ten indicators make up the Index: average weekly initial claims for unemployment insurance, interest rate spread, money supply, average weekly manufacturing hours, index of consumer expectations, building permits, stock prices, vendor performance, and manufacturers' new orders both for non-defense capital goods and for consumer goods and materials.Consumer Confidence Still Climbing Further support for an economic recovery comes from the rise in the Consumer Confidence Index in January. The Expectations Index, which measures consumers' outlook for the economy six months from now, is at 96.9, 27 points higher than in October.

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