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For Immediate Release September 9, 2002
Contact: Cristi Allen
callen@decisionanalyst.com
Phone: 817-640-6166
U.S. Economy Strengthened In August,
According To Decision Analyst’s Economic Index
Dallas-Fort Worth—The U.S. economy showed signs of strength in August,
according to the Decision Analyst U.S. Economic Index. Based on a nationwide
Internet survey conducted the last 10 days of the month, the Economic Index
rose three points in August, from July’s 108 to 111.
Decision Analyst U.S. Economic Index For The Past 13 Months
Consumer reports of increased business activity at their workplaces increased in
August after dropping significantly in July. Also, consumer expectations of
future stock market prices rose sharply.
The August numbers also showed that consumer fears about inflation have abated
somewhat. Consumer plans to buy high-ticket products within the next six months
are trending a little higher than they have been.
"The economy continues to show signs of revival and recovery," said
Jerry W. Thomas, CEO and President of Decision Analyst. "While the
recovery is advancing slowly, the risks of a double-dip recession appear to be
diminishing."
Methodology
The Decision Analyst Economic Index is based on a monthly Internet survey of
several thousand households balanced by gender, age, and geography. The survey
is conducted over the Internet during the last 10 days of each month, and the
index is immediately calculated from nine different economic measurements,
using a sophisticated econometric model. The result is a snapshot of current
U.S. economic activity, as seen through the eyes of representative consumers.
Decision Analyst also conducts similar economic research in Canada, the U.K.,
Germany, France, Italy, and Australia. Whenever the Decision Analyst Economic
Index is greater than 110, it tends to signal an expanding economy. An index of
100 to 110 suggests a stagnant economy, and an index below 100 generally
indicates economic contraction. These guidelines vary by country, however.
If you would like to be the first to receive the Decision Analyst Economic Index
each month, please contact Cristi Allen by
email to get on the advanced-release list.
For additional information contact:
Cristi Allen
Publicity
Email: callen@decisionanalyst.com
Phone: 1.800.ANALYSIS (262.5974)
Address: 604 Avenue H East
Arlington, TX 76011
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