Thursday, January 21, 2010
A glimpse of good news
Leading Economic Index (LEI) rose in December, giving a glimpse of good news. However, when one looks at unemployment figures for December and current unemployment claims, it would not be unexpected to see LEI decrease in January. I guess we will have to just wait and see.
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Finally US shows a sign of economic recovery according to 8 major indexes, but the jobless claim which has increased warns people that it still takes time to let the downturn economy be fully recovered.
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