State of the economy index rises

The Bank of Israel said Tuesday the composite state-of-the economy index was up 0.2 percent in November supported by the "continued expansion of economic activity."

By SHARON WROBEL
December 21, 2005 06:49

The Bank of Israel said Tuesday the composite state-of-the economy index was up 0.2 percent in November supported by the "continued expansion of economic activity." The composite index has risen by a cumulative 0.6% since September. The exports index climbed by 6.8% after falling by 7.1% in October while the imports index slipped by 2.7% after a 1.3% decline in October. The report also showed that the number of employees in the business sector rose 1.5% in September to 1.75 million, an increase of 22,000 employees in one month.


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