Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (6715)	9/22/1998 1:56:00 PM
From: Joseph G.	Respond to of 86076

<<LONDON, Sept 22 (Reuters) - Economic conditions in Britain may worsen over the first half of 1999, independent research consultancy NTC said on Tuesday, given the downward trend of its leading indicator in recent months. NTC's leading indicator fell in August for the ninth month in a row to 99.3 from 99.6 in July, when it first fell below 100.0, its long-term trend level, since the middle of the last recession in March 1991. The main factors in August were "disappointing numbers of new car registrations in the month, another fall in consumer confidence and a high yield curve driven upwards by interest rate pressures," the NTC said in a statement. NTC said its leading indicator had signalled the strong economic growth of the half of 1997, and also the subsequent deceleration in the remainder of 1997 and through 1998. >>