The economy is struggling to regain positive economic momentum, according to recent readings of the Philly Fed’s ADS Business Conditions Index. Is it making any progress?
Daily Archives: March 18, 2010
IS IT GETTING BETTER? OR JUST NOT GETTING WORSE?
Sometimes the waiting game is the only game in town when it comes to evaluating the economic numbers du jour. That seems to apply to this morning’s updates in consumer inflation and weekly jobless claims. The news tends to be encouraging, but we’re still a long way from declaring victory.