Yearly Archives: 2016

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LEI increased

LEI Increased 0.2% in September The Conference Board Leading Economic Index was released and shows the LEI increased 0.2 percent in September following a 0.2 percent decline in August. The US LEI increased in September, reversing the August decline, which together with the pickup in the six month growth rate suggests that the economy should [...]

2016-10-22T12:52:12+00:00A View|

88th Consecutive Month of Economic Growth

Overall Economy Grew for 88th Consecutive Month The Institute for Supply Management (ISM) issued its September 2016 Manufacturing ISM Report on Business and reports economic activity in the manufacturing sector expanded in September following a contraction in August and the overall economy grew for the 88th consecutive month. The report was issued by Bradley J. [...]

2016-10-07T19:09:30+00:00A View|

Consumer Confidence Increased

Consumer Confidence Increased for Second Consecutive Month The Conference Board Consumer Confidence Index, which had increased in August, improved further in September. Consumer confidence increased in September for a second consecutive month and is now at its highest level since the recession.” GDP Increased in Q2 2016 Real gross domestic product increased at an annual [...]

2016-10-03T09:54:52+00:00A View|

New Orders Index Improved

The Manufacturing Business Outlook Survey Reports the New Orders Index Improved The Federal Reserve Bank of Philadelphia released its Manufacturing Business Outlook Survey for September 2016 and reports the index for current manufacturing activity in the region increased 11 points to 12.8. For the first time since August of last year the index has registered two [...]

2016-09-16T17:12:23+00:00A View|

Modest Growth in Economic Activity

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index Increased Slightly Suggesting Modest Growth Modest growth in economic activity in July and early August was suggested by the Chicago Fed Survey of Business Conditions (CFSBC) Activity Index, which increased to -18 from -23. The CFSBC Manufacturing Index increased to a neutral value from -31. [...]

2016-09-09T17:20:20+00:00A View|

Business Outlook is “Positive But Tenuous”

August 2016 Manufacturing Business Outlook Survey Suggests "Positive But Tenuous" Growth The Federal Reserve Bank of Philadelphia released its August 2016 Manufacturing Business Outlook Survey and reports firms responding to the survey suggest “positive but tenuous” growth. The diffusion index for current general activity moved from a negative reading to a marginally positive reading while the [...]

2016-08-19T15:39:38+00:00A View|