Archive for December, 2009

Recovery for The Conference Board Leading Economic Index for the Euro Area continues to slow

The Conference Board Leading Economic Index(TM) (LEI) for the Euro Area increased 0.7 percent in November to 101.7 (2004 = 100), following a 0.6 percent increase in October and a 0.9 percent increase in September. Five of the eight components contributed positively to the index this month. However, its six-month growth rate has slowed in [...]

Inflation biggest threat to U.S. economy in 2010

In 2009, we saw the monetary inflation created by the Federal Reserve’s zero percent interest rates drive up the prices of U.S. stocks, without dramatically increasing the prices of U.S. consumer goods. We consider 2009 to have been a brief period of euphoria, before a rapid increase in the prices of food, energy, clothes and [...]

NIA’s Top 10 Predictions for 2010

The National Inflation Association is pleased to announce its top 10 predictions for 2010. 1) We will learn the 2009 holiday shopping season was a bust. The Commerce Department reported seasonally adjusted November retail sales up 1.3% from October. However, if you apply the average seasonal adjustments that were used during the years 2006 and [...]

10 New Year’s Resolutions workers should consider for 2010

In addition to exercising more and pledging to eat healthier, the new year could be the right moment to revisit how you’re doing at work and set career resolutions. Max Messmer, chairman of Accountemps and author of Managing Your Career For Dummies® (John Wiley & Sons, Inc.) points out that for workers who lost jobs [...]