Monthly Archives: September 2018

//September

Consumer Confidence Hit Highest Level Since 2000

Consumer Confidence Hit Highest Level Since 2000 Consumer Confidence hit highest level since 2000. Only in eleven individual months since 1967 have we seen confidence higher than it is today. Nine of those months were in the year 2000. The other two were in 1999. This is the thin air of high peaks... The euphoria [...]

2018-10-02T13:13:36+00:00A View|

Index Well Above Previous Peak of March 2006

The Index Well Above Previous Peak, Reached 111.2 The Index well above its previous peak of 102.4, reached in March 2006, is now at 111.2. The Conference Board Leading Economic Index (LEI) for August 2018, released 9/20, expects the economy will continue to expand through 2018. The leading indicators are consistent with a solid growth [...]

2018-09-24T14:20:43+00:00A View|

Industrial Production Strongest 12-Month Change Since 2010

Industrial Production Strongest 12-Month Change Since 2010 The industrial production STRONGEST 12-month change since 2010, rose 0.4% in August and is up 4.9% over the past year. NBER US Raw Steel Production Rose Last Week US raw steel production rose 0.5% last week to an ACUR of 80.2% (it's been quite awhile since we have seen this- [...]

2018-09-17T13:04:17+00:00A View|

August PMI Increased

August PMI Increased 3.2 Percentage Points The August PMI increased 3.2 percentage points from the July reading of 58.1 percent to register 61.3 percent, according to the Institute for Supply Management (ISM) August 2018 Manufacturing ISM Report on Business. Economic activity in the manufacturing sector expanded in August and the overall economy grew for the 112th consecutive [...]

2018-09-10T14:15:02+00:00A View|