1. The U.S. Leading Indicator is positive.
2. Interest rates are stimulative.
3. The money supply is expanding.
4. Retail sales are experiencing a normal seasonal rise.
5. Jobs are being created, though not at a fast pace; nevertheless, job creation is still job creation and leads to more retail spending, tax payments, mortgage payments, etc.
6. Banks are lending at above-year-ago levels.
7. Exports are up.
8. The businesses we talk to are doing very well. (We admit this is a biased base of ITR clients, but it does show that being proactive is important).
9. Some portions of the President’s job creation plan will help boost the economy if enacted by Congress.
10. Business-to-business activity is still rising at better-than-year-ago levels.
Economic Positives and Economic Negatives
Oct 1st, 2011