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Mixed News About Our Economic Recovery

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Uploaded by on Jun 16, 2010

http://www.cambridge-credit.org -- In May, the American Institute for Economic Research reported that the leading economic indicators show that the economy is on the mend, although there are still several areas of concern. According to the Institute's research, new orders for capital goods by businesses, the average manufacturing workweek, and the ratio of sales to inventories are all increasing -- fantastic news. Also increasing were what the organization calls "primary roughly coincident" indicators. These include industrial production, which encompasses manufacturing, mining and utilities -- all usually reliable indicators for an increase in our gross domestic product. However, other indicators such as credit and student loan debt were not so promising. Watch this week's webisode from Cambridge Credit Counseling Corp. to learn more. Host: Community Outreach Director, Thomas J. Fox.

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