That faint light at the end of the tunnel seems to be appearing.
Often in this space, you awake to depressing news about the economy.
Well yesterday, the index of leading economic indicators rose for the third straight month, the Conference Board reported. The group also said activity in the six-month period through June rose 2 percent, the Associated Press reported.
Seven of the index’s 10 indicators rose in June, including building permits, stock prices and manufacturers’ new orders for consumer goods, the Associated Press reported.
If these conditions continue, “expect a slow recovery this autumn,” Conference Board economist Ken Goldstein told AP.
It’s going to be a rocky road and unemployment will continue to rise. But three months of positive numbers mean we are headed in the right direction. Finally.
In the AJC:
In other media: