How to tell when the economy is getting better?

Recently, I have more time to walk around and seek for others' opinions regarding their view on "whether recession was end?".

After fooling around, I'm proud to make a conclusion: "50% YES, 50% NO"
(Real conclusion: NO conclusion at all).
Haiz...

Then, I'm frustrated and came out with my own conclusion. However, my conclusion depends on the following 5 indicators:

1. An improvement in the Unemployment Rate
   - 1st Sign – Corporate silence, which means no more job-cut announcement
   - 2nd Sign – Companies might start hiring again (slowly)




2. More stable home prices
   - Housing prices had fallen for 2 years now, 20% worldwide
   - Once prices stabilize, buyers will stop worrying and bargain-hunting activities will pick-up slowly again




3. Consumer confidence rebound
   - When corporate silence, housing and stock market will turn around
   - People feel more secure about their jobs and income, and will start to spend/consume again
   .
4. A less volatile stock market
   - When corporate news came out, stock market did not react crazily
   - Less sensitivity in stock market means all the news had actually factored-in the pricing of companies




5. Economic growth turns positive
   - In order for a sustainable recovery, a country’s economy must be positive (+ve GDP growth)
   - Of course, it all starts with an improved companies’ earnings

Agree or Not? This is my answer to the above question.

Any source