What are the signs/steps to an economic recovery in the eyes on economic indicators?

Question

What are the signs/steps to an economic recovery in the eyes on economic indicators? Im looking for something to the effect of- "first supply goes up, then people work more hours, then companies hire more..." but with the use of economic indicators. Im most concerned with unemployment rate; continuous claims; total workforce; change in manufacturing payrolls; u6 data; average earnings month over month (yr over yr) (week over week); and other indicators/reports of the like.

thanks in advance.

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A

Answer 1

Probably one of the best indicators is the transportation/utilities index. Everything moves by train or truck; when railroads start doing better, that means goods are moving, which also means people are buying.



Are we getting better? Earlier this year, Union Pacific was selling at 38; now it's selling at 68. Go UP!

Answer 2

There are many economic indicators which deal with the current status of our economy. I suggest you watch the Phillips Curve, which is presented as a graphical display of the relationship between unemployment and inflation. The reason I believe this economic indicator is more valid in this instance is that we are having artificial financial incentives placed in the equation. Unemployment is high, and a shift in the employment based on the inflation of the stimulus plan can give us a relative direction of the movement of the economy.

Answer 3

Where I am, we've had a construction boom for the past several years while wealthy speculators are exploiting the cheap labor by people desperate for work.



The same thing happened in the 1980's, and we had a huge oversupply of office space for years after that.



The real signs of economic recovery are a reduction in our devastating trade deficit. We can never have a real recovery until we restore balanced trade.



A rise in transportation and infrastructure means gearing up for NAFTA, to ship all those imports into the country and all those jobs out as the "giant sucking sound of jobs leaving the country" continues.

Answer 4

The best indicator and one that is likely to move the slowest. This is the average price of real-estate. When this value really drops significantly will there be some recovery in the building industry, and the speculators may have learnt their lesson and not inflate the land prices again!

Answer 5

1.CRIME IS HIGH IN AMERICA 2. MORE PEOPLE ARE LOSING HOMES 3. DEFECIT IS NOW 1.27 TRILLION!!!!!!!!!! DOLLARS 4. UNEMPLOYMENT IS HIGHESEST IN 45 YEARS!! HOW ON EARTH ARE WE HAVING RECOVERY? ALSO, BILLIONS ARE BEING SPENT ON WAR WE CANNOT WIN