LEI Suggests Economy Will Continue to Expand The Conference Board Leading Economic Index (LEI) for the US increased 0.1 percent in October following a 0.2 percent increase in September. The US LEI increased in October for a second consecutive month. Although its six month growth rate has moderated, the index still suggests the economy will [...]
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 [...]
US LEI Increased 0.3% in June The Conference Board Leading Economic Index was released on Thursday and reports the LEI increased 0.3 percent in June following a 0.2 percent decline in May and a 0.5 percent increase in April. The US LEI increased in June, reversing its May decline. Improvements in initial claims for unemployment insurance, [...]
The Conference Board Leading Economic Index (LEI) for the US increased 0.2 percent in February to 121.4 following a 0.2 percent increase in January and a 0.4 percent increase in December indicates short-term growth. Widespread gains among the leading indicators continue to point to short-term growth. However, easing in the LEI’s six month change suggests [...]
The Conference Board Leading Economic Index (LEI) Released Friday, the LEI increased 0.5 percent in December following a 0.4 percent November increase and a 0.6 percent increase in October. December’s gain in the LEI was driven by a majority of its components, suggesting the short term outlook is getting brighter and the economy continues to [...]
Happy Spring Folks….the hills are alive….March came in like a lion….. And it looks like it will go out as a lion here in northeast Ohio…but it IS spring and things can only get better. Rushin' Borders Vladimir Putin moves 20,000 troops in to Crimea, forces a positive referendum vote for the people to secede [...]