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Finance Ovetii Comment as US Economy Seen Showing Less than Significant Growth
Ovetii Comment as US Economy Seen Showing Less than Significant Growth
Ovetii recently stated that a measure of future US economic activity edged higher in September, suggesting the economy may continue to trudge forward at a modest pace despite a worsening housing slump
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(Free-Press-Release.com) January 3, 2008 --
Sources say that, according to reports by Ovetii, the US Conference Board said recently its index of leading economic indicators rose slightly below Ovetii analysts' consensus forecast in September. The modest growth follows a sharp drop in August.
An Ovetii spokesman is said to have commented that the index has been erratic this year, with overa)Þå[uF¿Lgrowth.
The index is designed to predict economic activity in the coming three months.
Ovetii data also apparently revealed that 7 of the 10 data points tracked by the Conference Board increased in October, the strongest of which were vendor performance, the job market and stock prices. The housing market continued to lag.
Name: david wilkins
Email: ***@invest-biz.info
Where: Athens,Greece
Industry: Business Services
Where: Mumbai,India
Industry: Business Services
Where: Athens,Greece
Industry: Business Services
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