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Leading Economic Indicators Keep Rising, but…
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Last Thursday the Conference Board published its Leading Economic Index (LEI) for the U.S. In January this historically-reliable indicator increased 0.3 percent after shooting up 1.2 percent in December and 1.1 percent in November. This was the tenth consecutive rise!
Five of the ten components made positive contributions: The interest rate spread, stock prices, supplier deliveries, factory workweek, and consumer expectations.
The LEI’s much more important year-over-year percentage change also rose … from 6.7 percent in November, to 8.1 percent in December, to a very healthy 8.7 percent…
24Feb2010 | Money and Markets | 0 comments | ContinuedKey Economic Indicators Make Biggest Gain in Five Years
The Conference Board’s Leading Economic Index (LEI), which points to the direction of the economy in the next three to six months, made its largest gain in five years last month, signaling that the end of the recession may be in sight.
Supplier deliveries, interest rate spread, and stock prices were the largest of the seven positive indicators that boosted the non-profit research group’s LEI 1.2% in May. The index posted a 1.1% increase in April and a 0.3% drop in March, The Conference Board said in a statement.
Other positives were real money supply, consumer…
19Jun2009 | Money Morning | 0 comments | Continued
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