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

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

U.S. Economy Flat In October,
According To Decision Analyst's Economic Index

Dallas-Fort Worth - The U.S. economy changed little in October, 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 held steady in October at 109, the same as it was in September.

"Consumers say they are more interested in purchasing big-ticket items than they have been since March, and the October stock-market rally has made consumers feel more positive about stock prices," said Jerry W. Thomas, President/CEO of Decision Analyst, Inc. "But they are feeling less positive about corporate hiring, job security, and business activity where they work, so the Index has remained flat for the month."

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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