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You'll know the economy is turning when this simple indicator turns down
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Tuesday, April 14, 2009
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From Calculated Risk:

A number of forecasters have mentioned Unemployment Claims as an important indicator of the end of a recession. Professor Hamilton mentioned this indicator last week: Initial unemployment claims and the end of recessions. Historically this is a useful indicator.

Back on March 28th, the WSJ quoted Robert J. Gordon, an economist at Northwestern University and a member of the National Bureau of Economic Research committee...

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Topics: Recession | Economy | Stocks
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