May 2010: Percent of Leaders Expanding Increases to 100; Cyclical Score of Leaders Increases to 77
Modest changes in the jobs picture and high scores for our leaders point to recovery. But for many people, the road ahead remains hard.
This month, for the first time in almost six years, 100 percent of the leading indicators with a discernible trend are expanding, and the cyclical score of the leaders has increased to 77 from 70. The coinciders also continue to strengthen—75 percent of them are expanding, up from 67 last month. Their cyclical score has increased to 65 from 54. With all of these indexes, a number above 50 indicates that economic expansion is likely.