Lagging indicators show moderating decline-- That's good news

It is important to understand the difference between lagging and leading economic indicators, since the reports in the media tend to muddle the two sets of indicators together. Unemployment and hiring are lagging indicators. That means that an economic downturn has started months before unemployment starts growing, and an...

Job vacancies roughly flat in February-- leading indicator provides good news, bad news

Well, maybe some good news. The Conference Board reports that online advertised job vacancies were basically flat in February, rather than dipping lower.