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None of those three look good, but, as far as I can tell, none indicate a contraction... at worst they indicate that things are remaining bad, but not getting w
by zevyoura 14y ago
None of those three look good, but, as far as I can tell, none indicate a contraction... at worst they indicate that things are remaining bad, but not getting worse. The first appears to be improving, slowly. The second appears to be hovering aroung the same level since 2010. The third link is broken for me, but when I find the data I think you're referencing on that site it appears that there is a dip in the latest quarter, but if you look at the history that data clearly does not track the overall performance of the economy very closely. I can't say I find your claim very credible so far, but if you have additional evidence I'd be very interested.
- carsongross 14y agoThey all indicate a very weak to declining economy and, of course, they are all trailing indicators. With the ISM miss this month and the latest jobs debacle, I expect us to be officially in recession by the end of the year (with all the experts shocked, of course.) OTOH, it's an election year, and Bernanke will print, so who can say?
- rishonik 14y ago> Bernanke will print Anyone holding paper is going to suffer some bad hurt in the coming year.