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You are here:Home | Press Room | Press Release Archives | November 2002 Economic Index

For Immediate Release December 6, 2002
Contact: Cristi Allen
callen@decisionanalyst.com
Phone: 817-640-6166

U.S. Economy Picks Up A Little In November,
According To Decision Analyst's Economic Index

Dallas-Fort Worth - The U.S. economy picked up somewhat in November, 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 to 111 in November after two months at 109

"Consumers feel more positive about business activities where they work, they remain interested in purchasing big-ticket items, and they're pleased about rising stock prices," said Jerry W. Thomas, President/CEO of Decision Analyst, Inc. "But they still are concerned about corporate hiring, job security, and their employment status. The economy continues to mend, but at a plodding pace."

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.

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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