Leading Economic Index for December 2016
The Conference Board® released its Leading Economic Index® for December 2016 this morning:
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Index for December: 124.6 (The baseline 100 score is associated with 2010 data.)
Predicted: +0.4%
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Index for December: 124.6 (The baseline 100 score is associated with 2010 data.)
Predicted: +0.4%
Actual: +0.5%
The yellow-highlighted percentage represents the month-to-month change for the index. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
The Leading Economic Indicators Index is a composite of 10 of the nation's economic data releases that's put together by The Conference Board. Statistically, the components listed below have shown a significant increase or decrease before national economic upturns or downturns:
- Previous Month: +0.1%
- 2 Months Previous: +0.2%
The yellow-highlighted percentage represents the month-to-month change for the index. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
The Leading Economic Indicators Index is a composite of 10 of the nation's economic data releases that's put together by The Conference Board. Statistically, the components listed below have shown a significant increase or decrease before national economic upturns or downturns:
- The Standard + Poor's 500 Index
- Average weekly claims for unemployment insurance
- Building permits for new private housing
- The interest rate spread between the yield on the benchmark 10-Year Treasury Note and Federal Funds
- ISM® Index of New Orders
- Manufacturer's new orders for consumer goods or materials
- Manufacturers' new orders, nondefense capital goods excluding aircraft orders
- Average weekly manufacturing hours
- Average consumer expectations for business conditions
- Leading Credit Index™
Labels: leading_economic_indicators, The_Conference_Board
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