Economic Indicators

Principle Economic Indicators The million (or should we say 'billion' now) dollar question is whether or not the United States' economy will stay in it's record 107 month expansion (according to the index of leading indicators) or come out of the boom and take a downturn into a recession. Nobody, including the Chairman of the Federal Reserve, Alan Greenspan has a crystal ball to provide insight as to what will happen if interest rates are raised, …

…January 1999. The American population having increased incomes fosters increased spending, domestic and abroad. This increased level of foreign spending continues to widen the gap in our trade deficit. Another untapped indicator of a booming economy may be the large number of American military members leaving the security of active duty for more lucrative opportunities provided by the private sector. Collectively all these indicators lead us to conclude the U.S. economy will continue to flourish.