U.S. Economic Trend Update

 | Dec 10, 2012 11:40AM ET

Thinking positively about the economy isn't getting any easier these days. From worries about fiscal uncertainty in Washington to fears that America's long-run growth prospects have been impaired, the case for pessimism is in full swing in the final days of the year. The rear view mirror for economic data, however, suggests that the game isn't over yet, as today's update of The Capital Spectator Economic Trend Index (CS-ETI) reminds.

November's economic profile, based on the data published so far, reveals minimal signs of deterioration. The one exception is the latest return to a state of contraction in manufacturing ^

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