LEI Suggests Economy Will Continue to Expand The Conference Board Leading Economic Index (LEI) for the US increased 0.1 percent in October following a 0.2 percent increase in September. The US LEI increased in October for a second consecutive month. Although its six month growth rate has moderated, the index still suggests the economy will [...]
General Activity, New Orders and Shipments Indexes Positive in November The Federal Reserve Bank of Philadelphia released its November Manufacturing Business Outlook Survey; results suggest that regional manufacturing activity continued to expand. The indexes for general activity, new orders and shipments all remained positive in November. Business Activity Stabilized in the Empire State Manufacturing Survey [...]
The Dow Surged 371 Points on Monday The Dow surged 371 points Monday on thoughts that Hillary will win the election. So, who is due favors from Wall Street? Certainly not Trump. US Raw Steel Production Advanced Last Week US raw steel production advanced 1.7 percent last week as mills operated at an ACUR of [...]
The Federal Reserve Bank of Dallas released its Texas Manufacturing Outlook Survey and reports factory activity increased again in October. The Institute for Supply Management (ISM) October 2016 ISM Report on Business Economic activity in the manufacturing sector expanded in October and the overall economy grew for the 89th consecutive month, say the nation’s supply [...]