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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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