Off-Topic :
Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
All Major US Industries Up(Airlines, Car Manufactures, Tech, Housing)- USA Economy Recovering Nicely
Posted by:
Fucking Obama!
()
Date: October 24, 2014 09:38AM
The index of U.S. leading indicators accelerated in September, signaling the world’s largest economy will keep expanding into 2015.
Nine of the 10 indicators in the leading index contributed to the increase, today’s report showed. They included fewer jobless claims, more factory orders, and the interest-rate spread between the federal funds rate and 10-year Treasury notes.
The Conference Board’s gauge of the outlook for the next three to six months climbed 0.8 percent after no change in August, the New York-based group said today. The median forecast of 45 economists surveyed by Bloomberg called for a rise of 0.7 percent.
Job gains on pace for their strongest year since 1999 and cheaper gasoline prices are buoying Americans’ spirits and giving households the wherewithal to spend. The lift to consumer purchases, which account for almost 70 percent of the economy, will help drive U.S. growth even as Europe struggles and markets in emerging nations cool.
“The economy is faring quite well,” Millan Mulraine, deputy head of U.S. research and strategy at TD Securities LLC in New York, said before the report. “Given the strong fundamentals, the U.S. should be able to weather any global downturn.”
Estimates in the Bloomberg survey ranged from gains of 0.2 percent to 0.9 percent, after a previously reported 0.2 percent rise in August.
http://www.bloomberg.com/news/2014-10-23/leading-economic-indicators-index-in-u-s-rose-0-8-in-september.html
Nine of the 10 indicators in the leading index contributed to the increase, today’s report showed. They included fewer jobless claims, more factory orders, and the interest-rate spread between the federal funds rate and 10-year Treasury notes.
The Conference Board’s gauge of the outlook for the next three to six months climbed 0.8 percent after no change in August, the New York-based group said today. The median forecast of 45 economists surveyed by Bloomberg called for a rise of 0.7 percent.
Job gains on pace for their strongest year since 1999 and cheaper gasoline prices are buoying Americans’ spirits and giving households the wherewithal to spend. The lift to consumer purchases, which account for almost 70 percent of the economy, will help drive U.S. growth even as Europe struggles and markets in emerging nations cool.
“The economy is faring quite well,” Millan Mulraine, deputy head of U.S. research and strategy at TD Securities LLC in New York, said before the report. “Given the strong fundamentals, the U.S. should be able to weather any global downturn.”
Estimates in the Bloomberg survey ranged from gains of 0.2 percent to 0.9 percent, after a previously reported 0.2 percent rise in August.
http://www.bloomberg.com/news/2014-10-23/leading-economic-indicators-index-in-u-s-rose-0-8-in-september.html