Thursday, May 21, 2009

Uptick in Ratio Between Coincident and Lagging Indicators

EPJ reader No Axe correctly points out:

Ratio of coincident to lagging indicators finally upticked and direction of revisions for previous months is upwards. NBER has marked (much belatedly) the end of 100% of recessions since data was first gathered in 1960 w/in + 2 mos. of an uptick in the ratio.

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