Sacramento Forecast Project Fountain Predictor for U.S. Employment California State University, Sacramento
 revised January 31, 2008 
graph, <i>Fountain</i> Predictor
The predictor had registered 46 positive months, from the end of the previous negative 34 month span that ended in October, 2003, through August of 2007. The current positive pattern drifted close to the 0.0% line several times in 2007 before turning negative in September. The negative pattern has gotten generally more negative over the last four months of 2007, ending with a -0.048 in December. Both coomponents increased but the Labor Force was a positive 0.063% while the Number of Persons Employed was only 0.015%.
graph, <i>Fountain</i> Predictor
The Fountain Predictor was named for Robert J. Fountain (Professor Emeritus, California State University, Sacramento) who suggested graphically comparing the twelve month percentage change in the Number of Persons Employed with the twelve month percentage change in the Civilian Labor Force as a measure the economic health of an area. The theory suggests that as long as the percentage change in the Number of Persons Employed is larger than (above) the percentage change in the Civilian Labor Force, for that area, that area is in good economic health.
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Update: January, 2008
Next Revision: July, 2008
Arthur N. Jensen, Professor Emeritus of Marketing
e-mail to: jensena@csus.edu
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