The economy takes a mid-year upswing.

From: Construction Equipment | Date: June 15, 1990| Author: Baker, Kermit; Delano, Daryl; Evans, Stephen | Copyright information

The Economy Takes a Mid-Year Upswing

Signs of an upturn are emerging throughout the economy after weak points in late 1989 and early 1990 threatened a mild recession.

The Cahners Early Warning Indicator of economic health, which traditionally leads the economy by 12 to 15 months, reached a cyclical low point (its maximum rate of decline) near the end of 1988. The decline continued, but at a slower pace, for the next three quarters. This indicates that the low po...

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