Leading Economic Indicators Rise For Eighth Straight Month

Posted by | December 17, 2009 11:28 | Filed under: Top Stories

It looks like we’re headed in the right, er, make that “correct,” direction.

WASHINGTON (MarketWatch) — The index of leading economic indicators rose for the eight straight month, pointing to an improved economy in 2010, the private Conference Board said Thursday. The index increased 0.9% in November after a 0.3% gain in October, the research group said. Six of the 10 leading indicators were positive. For the first time since December 2007, employment did not make a negative contribution to the index, potentially a good sign for future job growth, the board said.

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Copyright 2009 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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