Economic Leading Analytic Lifted Up in June



America’s economic Leading Analytic, eLA™, “…lifted up again in June, for a fourteenth month in a row,” said Professor Evangelos Otto Simos, editor-in-chief, in comments made in the latest issue of the United States Leading Indicators Digest™.

America’s economic Leading Analytic, eLA™, “…lifted up again in June, for a fourteenth month in a row,” said Professor Evangelos Otto Simos, editor-in-chief, in comments made in the latest issue of the United States Leading Indicators Digest™.

Five of the seven components – individually modeled – had a positive contribution to the aggregate U.S. leading barometer. June’s increase in economic Leading Analytic, eLA™, “… was led by a jump in new orders, solid gains in consumers’ expectations, and substantial advances in technology, commonly called labor productivity.”

Applying probabilistic predictive intelligence to the leading analytic, e-forecasting.com models the most likely future economic scenaria, and detects for each scenario the level of risk involved at the timing a potential business decision is made, in searching for opportunities, commonly called ‘risk-loving’. In June, ‘probabilistic thinking’ visualized an estimate of 0.1% (nil) probability for an economic downturn in the near future, for the eighth consecutive month,” Simos added.

About e-forecasting.com

Kefallonia, Inc. DBA e-forecasting.com, is a private research and predictive intelligence consulting firm optimizing dynamically its ambitious scope of providing clients creative, innovative, disruptive, and science-modeled predictive analytics for what’s next.

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