Monday, February 17, 2014

Aruoba-Diebold-Scotti Business Conditions Index

Markets are closed today. 
 
ADS INDEX (Philly Federal Reserve) 
Here’s the recent ADS Index chart from the Philadelphia Federal Reserve that shows while business conditions have slipped in 2014, the trend of lower lows in the longer time-frame has been broken.  I'm cautiously optimistic on the economy; it still seems to be hanging in there.


Chart available at