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Non-Tech : NOTES
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To: Didi who wrote (2120)10/26/2002 11:03:09 AM
From: Didi  Read Replies (1) of 2505
 
Phil. Fed: "The Anxious Index"

phil.frb.org <---details

Econ data/charts:
...http://www.martincapital.com./charts.htm ...main
...http://www.martincapital.com./chart-pgs/CH_gdp.HTM ...growth
...http://www.martincapital.com./chart-pgs/CH_conco.HTM ...sentiment

=============================

Selected highlights.

>>> The Anxious Index

The index often goes up just BEFORE recessions begin.
... For example, the first quarter survey of 2001 (taken in February) reported a 32 percent anxious index; the National Bureau of Economic Research subsequently declared the start of a recession in March 2001.

The anxious index PEAKS during recessions, then DECLINES when RECOVER seems NEAR.
... For example, the index fell to 14 percent in the second quarter of 2002, when economic indicators began improving.<<<
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