A decline in initial unemployment claims has historically been a reliable
signal of economic recovery, and in recent months, initial claims have continued downward.
Initial Unemployment Claims: Initial claims have declined sharply over the past three months, which historically has been a reliable
signal of economic recovery.
Not exact matches
While that was seen as a sign
of health
of Europe's
economic recovery and
signaled growing foreign investor appetite for the region's equities, it curbed the value
of overseas earnings and hurt competitiveness.
So an
economic recovery, in and
of itself, is not a bullish
signal.
An
economic recovery is
signaled by the return
of fusion, deconstructed plates and molecular gastronomy, says Suzy Badaracco, president
of Culinary Tides Inc..
Fed Chairman Ben Bernanke
signaled after the Fed's last meeting at the end
of April that the U.S. central bank is in no hurry to reverse its massive support for the modest U.S.
economic recovery in which unemployment remains above what Fed officials believe is the norm.