Robert Hughes

November Business Conditions Monthly

AIER’s Business Cycle Conditions Leading Indicators index pulled back in October, dropping to 83 following an 88 in September. The Roughly Coincident Indicators index dropped to 92 while the Lagging […]

Job Openings and Quits Remain Near Record Highs

Open jobs in the U.S. were down slightly in September to 7.009 million, just below the record-high 7.293 million in August. Private job openings totaled 6.407 million in September. Overall, the data relating to the labor market continue to show strength.

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Consumers Drive Third-Quarter GDP Higher

Real gross domestic product rose at a 3.5 percent annualized rate in the third quarter, driven primarily by strong gains in consumer spending. A positive outlook is further support by the results of the AIER Leading Indicators index, which scored a healthy 88 in September.  

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