To export this article to Microsoft Word, please log in or subscribe.
Have an account? Please log in
Not a subscriber? Sign up today
"Looking for Hopeful Economic Signs." EconSouth. Federal Reserve Bank of Atlanta. 2009. HighBeam Research. 25 Apr. 2018 <https://www.highbeam.com>.
"Looking for Hopeful Economic Signs." EconSouth. 2009. HighBeam Research. (April 25, 2018). https://www.highbeam.com/doc/1G1-207461028.html
"Looking for Hopeful Economic Signs." EconSouth. Federal Reserve Bank of Atlanta. 2009. Retrieved April 25, 2018 from HighBeam Research: https://www.highbeam.com/doc/1G1-207461028.html
In an economic update to Congress on May 5, Federal Reserve Chairman Ben Bernanke noted that "recent data suggest that the pace of contraction may be slowing."
Is the Southeast experiencing a slowing in economic contraction? For answers to that question, Atlanta Fed economists and analysts look at many indicators and gather insights from regional business contacts.
Although employment data tend to lag real developments in the economy, information on initial claims for unemployment insurance provides clues about potential labor market stabilization. If the number of workers signing up to receive unemployment insurance for the first time is leveling off or decelerating, that trend could indicate that fewer people are losing their jobs and could signal that the pace of overall economic contraction is slowing.
The data appear to show that the pace of initial unemployment claims could indeed be stabilizing in the Southeastern states. …
Browse back issues from our extensive library of more than 6,500 trusted publications.
HighBeam Research is operated by Cengage Learning. © Copyright 2018. All rights reserved.
The HighBeam advertising network includes: womensforum.com GlamFamily