Manufacturing Output Declined The 2.0 percent drop in utilities output was broadly expected and the 0.8 percent drop in mining should also come as little surprise in the context of the steep decline in energy prices. What is more disappointing, in our view, is that manufacturing output declined, this component, which comprises roughly three quarters [...]
The Conference Board Leading Economic Index Confirms a Positive Outlook Released on 6/18, the Leading Economic Index (LEI) for the US increased 0.7 percent in May following a 0.7 percent April increase and a 0.4 percent increase in March. Increasing sharply again in May, the Leading Economic Index confirms a positive outlook for more economic [...]
The Philadelphia Fed Manufacturing Business Survey for April Released 4/16, it indicated manufacturing activity increased modestly in April according to respondents to this month’s Business Outlook Survey. Indicators for general activity and new orders were positive but remained at low readings. The Conference Board Leading Economic Index Friday 4/17: released for the US, it increased [...]