Finally, after more than two years (and 8 months, to be exact), the AIA ABI Index comes in above 50 !!!!!
Let's hope that this is just the start of more good news to come.
Let's also hope that this news is not at all like the news the Fed Government released a couple of months ago telling us that the "recession" (in the U.S. economy) ended in June 2009. (When everyone I know, who wants to have a job, has a job and has a job that's worthy of having, then I'll call that an end to the recession.)
Okay, here's the internet address of the September 2010 AIA ABI Index, reported on or around October 23rd by Kermit Baker, Chief Economist of the AIA.
http://www.aia.org/practicing/AIAB086270
Monday, October 25, 2010
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