Leading Economic Index for March 2017

The Conference Board® released its Leading Economic Index® for March 2017 this morning:

==============

Index for March: 126.7 (The baseline 100 score is associated with 2010 data.)

Predicted: +0.2%

Actual: +0.4%

• Previous Month: +0.5% (revised.)
  
  
• Two Months Previous: +0.6%

==============


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:

1. The Standard + Poor's 500 Index
   
   
2. Average weekly claims for unemployment insurance
   
   
3. Building permits for new private housing
   
   
4. The interest rate spread between the yield on the benchmark 10-Year Treasury Note and Federal Funds
   
   
5. ISM® Index of New Orders
   
   
6. Manufacturer's new orders for consumer goods or materials
   
   
7. Manufacturers' new orders, nondefense capital goods excluding aircraft orders
   
   
8. Average weekly manufacturing hours
   
   
9. Average consumer expectations for business conditions
   
   
10. Leading Credit Index™
    

==============

Leading Economic Index for March 2017

==============

From Today's Report:

"...'The March increase and upward trend in the U.S. LEI point to continued economic growth in 2017, with perhaps an acceleration later in the year if consumer spending and investment pick up,' said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. 'The gains among the leading indicators were very widespread, with new orders in manufacturing and the interest rate spread more than offsetting declines in the labor market components in March.'..."

• Click here to view the full Conference Board report.

• Click here to view the full Conference Board report with Technical Notes.

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <