Thursday, December 17, 2009
Filly Fed Leading Indicators - 10:00
Full report here
Released: Thursday, December 17, 2009
The Conference Board Leading Economic Index™ (LEI) for the U.S. increased 0.9 percent in November, following a 0.3 percent gain in October, and a 1.2 percent rise in September.
Download a PDF of the technical notes for underlying detail, diffusion indexes, components, contributions and graphs.
Download a PDF of the press release with graph and summary table.
Says Ataman Ozyildirim, Economist at The Conference Board: "The Conference Board LEI has been on an uptrend for more than half a year and it is now slightly higher than its latest peak in July 2007. Improving financial conditions, labor market indicators, and housing permits have helped the LEI continue its gains in November. However, its six-month growth rate has slowed somewhat in recent months."
Says Ken Goldstein, Economist at The Conference Board: "The indicators point to a bright new year. The U.S. LEI increased for the eighth consecutive month. Looking ahead, we can expect a slowly improving economy through 2010. The Conference Board Coincident Economic Index™ (CEI) for the U.S. also increased in November. Employment largely held steady, making this the first month since December 2007 that it did not make a negative contribution to the index."
The Conference Board Coincident Economic Index™ (CEI) for the U.S.rose 0.2 percent in November, following no change in October, and a 0.1 percent decline in September. The Conference Board Lagging Economic Index™ (LAG) declined 0.4 percent in November, following a 0.2 percent decline in October, and a 0.5 percent decline in September.
The next release is scheduled for January 21, 2010 at 10 A.M. ET.
Professional Contacts at The Conference Board:
Ken Goldstein: 212-339-0331
Indicators Program: 212-339-0330
Media Contacts:
Frank Tortorici: +1 212 339 0231
Email:
indicators@conference-board.org
Labels:
2009,
December 17,
Leading indicators
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