June 2010: Percent of Leaders Expanding Remains at 100; Cyclical Score of Leaders Increases to 88
Although the leaders signal recovery, there are reasons to question its durability.
The economy continues to show signs of recovery. All 11 of the leading indicators with a discernible trend are expanding, and the cyclical score of the leaders, a purely mathematical measure, has increased to 88 from 77. The percentage of coincident indicators expanding has increased to 100 from 75 based on positive signs in employment, and the cyclical score of the coinciders has increased to 69 from 65.