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The ‘Green Shoots’ Theory, Is There Some Truth In It?

18.08.2009

POSTED IN Blog, Interests, News | TAGS : , , , , , , , , , , ,

Very interesting article on the so called ‘green shoots’ that measure economic growth, for example:

“The crane index. How many cranes are visible from a given point. Really a measure of optimism about the prospects for commercial property.”

I kinda believe in this stuff although you gotta tread carefully when making your own green shoots analogy or ‘index’ as it’s know – sun cream sales going up doesn’t necessarily mean consumers have more money to spend, it just means the sun is out!

Can you see any green shoots appearing? got your own index? feel free to share it in a comment below..

Read the full BBC article here..



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