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To: mikenola
Unemployment is a lagging indicator.

Durable goods orders, the purchasing managers' index, and other durable goods manufacturing numbers are leading, and they have been positive.

13 posted on 03/07/2003 6:12:55 AM PST by Thane_Banquo
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To: Thane_Banquo
See my post #10
23 posted on 03/07/2003 6:59:33 AM PST by Indy Pendance
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To: Thane_Banquo
Durable goods orders, the purchasing managers' index, and other durable goods manufacturing numbers are leading, and they have been positive.

Maybe, but no one is hiring. I can tell you this from experience.

No hiring, no jobs. No jobs, no spending.

41 posted on 03/07/2003 8:23:10 AM PST by Lazamataz (I have learned, over the years, to NEVER assume ANYTHING..)
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