America's Economic Leading Analytic Bounces Back

America’s economic Leading Analytic “rebounded in September, following a decrease of 0.4 percent in August,” said Professor Evangelos Otto Simos, editor-in-chief, at the release of the latest Leading Analytics Warp Digest. The bouncing back in the leading economic barometer “was led by a surge in manufacturers’ orders,” Simos added.

Applying probabilistic predictive intelligence to model the most likely future scenaria, and detect the level of risk involved at the timing business decisions are made, “…probabilistic thinking visualizes in September 2021 a probability of 96.6 percent for the economy to be positioned in the expansion phase of its business cycle in the near future,” Professor Simos put forward.

Five of the seven predictive analytics that make up e‒forecasting.com’s leading economic barometer, eLA™, improved in September: Manufacturers’ New Orders; Consumer Expectations; Housing Activity; Interest Rate Spread; Technological Change in Manufacturing; …”the two predictive analytics that had a negative or zero contribution to America’s economic Leading Analytic, were: Stock Prices; Foreign Demand;”

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