Strong corporate earnings, reports of buyers returning to markets help push indicator up to 46.9 With a gain of just under one point in January, the Dow Jones Economic Sentiment Indicator signaled that the U.S. economy is slowly pulling itself out of the recession. The ESI edged up from 46.1 in December to 46.9 in [...]
Upbeat reporting on local real-estate markets, positive economic reports help break indicator’s holding pattern; Rise sets positive tone for New Year Driven by a wide range of upbeat grassroots economic news, the Dow Jones Economic Sentiment Indicator (ESI) jumped 2.2 points to 46.1 in December, breaking out of its previous range and indicating the economy [...]
September Decline Not Unusual but Increasing Coverage of Faltering Recovery in the Last Week Adds to Indicator’s Largest Decline in Two Years Following four months of modest but steady gains, the Dow Jones Economic Indicator (ESI) fell to 40.7 in September, down from 43.2 in August and its largest one-month drop since October 2008. And [...]
ESI Hits Highest Level Since June 2008; Suggests Prospects of a Double Dip Recession May Be Fading The Dow Jones Economic Sentiment Indicator (ESI) has given an upbeat signal on the economy, registering its biggest rise since October and a return to the level of June 2008. The ESI rose to 42.3 in July, two [...]