The CFNAI Edged Up in January Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) edged up in January to +0.13 from -0.07 in December. The index’s three month moving average (CFNAI-MA3) ticked down to +0.33 in January from +0.34 in December. January’s CFNAI-MA3 suggests growth in national economic activity was [...]
Conference Board Leading Economic Index The Leading Economic Index (LEI) for the US increased 0.2 percent in January following increases in both December and November.” The US Leading Economic Index increased again in January, but its pace of growth has moderated in recent months. While the LEI suggests a positive short term outlook in 2015, [...]
US raw steel production ... declined 0.7 percent last week to its lowest level this year as mills operated at an average capability utilizatio0n rate (ACUR) of 74.8 percent. In the corresponding week last year mills operated at an ACUR of 75.8 percent. Thus far this year mills have operated at an ACUR of 76.9 [...]
The January 2015 Institute for Supply Management Report on Business was released on Monday: “Economic activity in the manufacturing sector expanded in January for the 20th consecutive month and the overall economy grew for the 68th consecutive month", say the nation’s executives in the latest report. The report was issued by Bradley J. Holcomb, CPSM, [...]