An Obscure Indicator May Herald Happier Times

While doubts regarding the viability of the recovery are growing, investment analyst Bruce Kirk of S.G. Warburg & Co. is confident that economic activity accelerated at a healthy pace in the third quarter. The reason: Kirk notes that volume shipments of corrugated containers, which were down in the first half of the year, increased about 4.8% and 3% in July and August over their levels a year earlier.

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