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Archive for the ‘survey’ Category

According to a November 19, 2009 MSNBC.com article, the economy is expected to make a slow recovery from now until the first half of 2010 according to a survey released in late October. The Conference Board, a non-profit organization that publishes economic-based forecasts and assesses trends in the economy, released the survey. According to the Conference Board, their index of leading economic indicators rose 0.3 percent last month. Economists polled by Reuters had expected a 0.5 percent gain. These indicators have been on the rise for the last seven months straight and indicate a slow recovering economy.

The article also mentions that the consumer expectation index has dropped as unemployment continues to rise and if consumers are uneasy about the economy, they will be less likely to spend. Consumer spending powers roughly 70 percent of the U.S. economy.

The Conference Board uses data from current jobless aid claims, stock prices, consumer expectations, building permits for private homes and the money supply, to measure economic activity in the United States.

For more information about the article “Economic Recovery to be Sluggish, Survey Shows,” visit http://www.msnbc.msn.com/id/34036038/ns/business-personal_finance/ and let NSSEA know your thoughts!

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