Area Development
Archives
Current Issue
State Resources
  
Topics
Asset Management
Business Globalization
Economics/ Government Policy
Energy/Sustainable Development
International Location Reports
Labor/Education/HR
Logistics/Infrastructure
News Items
Site Selection/Facility Planning
Taxes/Incentives
Viewpoint
Exclusive Content
100 Leading Locations
2011 Gold & Silver Shovel Awards
Annual Corporate & Consultants Survey Results
Contributed Content
Economic Developers Directory
Front Line
Studies/Research/Papers
Top Site Selection Factors
Top States for Doing Business
Ask Area Development
Industry Reports
Aerospace
Automotive
Biotech
Food Processing
High Tech/Nano/Electronics
Medical/Pharmaceutical
Other Industries
Plastics
Inward Investment Guides
Location USA
Related Sites
FastFacility
FacilityLocations
Location Canada
Consultants Site Guide
FastGIS
Services
Consultants Forum
Newsletter  |  RSS RSS
Subscribe to Area Development Magazine
Advertise
About Us
Contact
Newsletters
Email Address*
Primary Industry
Area Development Homepage >> News Items >>
Economic Index Points To Slow Economic Recovery Mid Year
Area Development Online News Desk (03/18/2010)
The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.1 percent in February, after a 0.3 percent gain in January and a 1.2 percent rise in December. The trend, according to the organization indicates a slow recovery heading into this summer following the worst historical recession period for the nation.

"The LEI for the U.S. has risen rapidly for almost a year now and it has reached its highest level. But, the sharp pick up in the LEI appears to be stabilizing,” said Ataman Ozyildirim, economist at The Conference Board, in a press statement.

“As the economy moves from recovery into early phases of an expansion, the leading economic index points to moderately improving economic conditions in the near term. Correspondingly, the coincident economic index has been rising since July 2009, albeit slightly because of continued weakness in employment," he added.

Ken Goldstein, Conference Board economist said the indicators point to a slow recovery this summer.

“Going forward, the big question remains the strength of demand. Without increased consumer demand, job growth will likely be minimal over the next few months," said Goldstein.

The next release is scheduled for April 19, 2010.

 
X
Save/Share Article
More
 Email
Print
News Items
 
Around The Web
 
Studies/Research
News Items
 
Around The Web
 
Studies/Research
Toyota to Open $350 Million Manufacturing Plant in GA & Create 320 Jobs
02/10/2012
Life Sciences Manufacturer to Expand in Florida & Add 72 Employees
02/10/2012
Cobham Antenna Systems to Add 120 Jobs to Its New Hampshire Workforce
02/10/2012
Global Vehicle Supplier to Add 350 Jobs in Georgia Thanks to Expansion Project
02/10/2012
Generac’s Multi-Million-Dollar HQ Expansion Project to Create Over 200 Wisconsin Jobs
02/10/2012
Toyota to Create 400 U.S. Jobs By Increasing Production of Highlander SUVs in Indiana
02/10/2012
Expansion of Logistics Firm to Create 140 Jobs in Ft. Worth, Texas
02/08/2012
AddThis Feed
<< More Recent Next >>
Global CEO Survey: Industrial manufacturing CEOs cautiously optimistic in volatile marketplace
PricewaterhouseCoopers
JLL Commercial Real Estate Report: “It’s a Great Time to Be a Borrower”
Jones Lang LaSalle
Government Competitiveness Report: Manufacturing Is America’s Biggest Source for Innovation
U.S. Department of Commerce
JLL's Global Life Science Cluster Report Examines Emerging & Established Clusters
Jones Lang LaSalle
Grubb & Ellis 2012 Forecast: Commercial Real Estate Sales Could Rise 25%
Grubb & Ellis
Washington, D.C., Tops 2011 List of "Best Cities for Business"
Wall Street Journal MarketWatch
New Global Trends Report Indicates Foreign Direct Investment Is Ramping Up Worldwide
IBM Global Business Services, IBM Institute for Business Value
Manufacturing Industry Needs to Fill 600,000 Skilled Positions
Deloitte
The Manufacturing Institute
2011 Top States For Doing Business Survey Results
Area Development Magazine Special Presentation
Half of American Private Firms Plan to Do Business Overseas Within Next 1 to 2 Years
PricewaterhouseCoopers
All Studies/Research/Papers