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Usa: economic super-index grows by 0,5% in July, but that's not enough

This is the third consecutive monthly increase, but it is still not enough to speak of a real recovery – Six of the ten items on which the figure is calculated improved last month.

Usa: economic super-index grows by 0,5% in July, but that's not enough

After the bad news about inflation e occupation, finally some positive numbers for the United States. In July, the economic super index recorded the third consecutive monthly increase, growing by 0,5%. It is a pity that the increase is not enough to give hope for a recovery that seems to be getting further away every day.

"The growth of the super-index in recent months has been modest, especially if you look at the non-financial components," commented Ken Glodstein, economist at the Conference Board, the pool of researchers that elaborates the data. Six of the ten items on which the super-index is built improved last month.

The most significant growth was recorded in the money supply and the interest rate spread. The worst indicator was that on deliveries by suppliers.

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