'Leading' Indicators Up; Nine Straight Increases : The Two-Way Index of leading indicators goes up for ninth straight month.
NPR logo 'Leading' Indicators Up; Nine Straight Increases

'Leading' Indicators Up; Nine Straight Increases

The unemployment figures aren't looking very good, but the barometer that's supposed to signal how the economy will be doing in coming months keeps edging up.

The private Conference Board says its "leading economic index" rose 1.1% in December — the ninth month in a row it has gone up.

Ken Goldstein, economist at The Conference Board, says in a statement that the index is pointing to "an economy in early recovery."

Planet Money makes sense of the economy over here.