December 2010: Percent of Leaders Expanding Drops to 91; Cyclical Score of Leaders Remains at 91
AIER’s statistical indicators of business-cycle conditions show that the recovery is likely to continue. The growth rate of GDP, the broadest measure of economic activity, reached 2.5 percent in the third quarter of 2010, up from 1.7 percent in the previous quarter. While the pace of the recovery is accelerating, it is still not rapid enough to bring down unemployment rates.
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