Here we present the results of the Nov. 3 ASI E-News survey.

Subscribers to ASI’s E-Newsletter may have noticed the addition of a weekly survey to the news features section. Here we present the results of the Nov. 5 survey.

Which of the following will be the key indicator that the recession is turning around?

Drop in unemployment rate and resumption of job growth: 70.312%
Increase in durable goods spending: 14.062%
Growth in GDP: 7.812%
Increase in housing starts/construction spending: 7.812%
Increase in government spending: 0.0%

Comments:

“You get what you vote for. A vote for Obama was a vote for job losses and socialism.”

“Without money to buy homes, it won't matter how much the government increases spending as long as it hasn't figured out that mid-range jobs are key. Neither McDonald’s nor Walmart can save this sinking ship.”

“None of the above are very good leading indicators. A better indicator would be increases in containers and packaging.”

“Government spending? The level of government spending has nothing to do with good or bad economic times. The government thinks they can spend as much money as they please.”