Continued Growth for the U.S. Economy

The Conference Board Leading Economic Index (LEI) Released Monday: The LEI for the US increased 0.8 percent in March to 100.9 (2004=100), following a 0.5 percent increase in February and a 0.2 percent increase in January. The LEI rose sharply again, the third consecutive monthly increase” said Ataman Ozyildirim Economist at the Conference Board. “After [...]

2014-04-25T20:02:25-04:00A View|

Caution and Concern

This is marvelous We have the former governor of Virginia, Bob McDonnell and his complicit wife, indicted by the Federal Government on corruption charges this week. Naturally, he claims innocence and accepts no responsibility. We also have Wendy Davis, state senator from Texas who lied to her constituents by embellishing her life story in order [...]

2014-01-24T17:10:29-05:00A View|

Good Economic News

Monday September 16, 2013 another tragedy in America 12 people murdered at the Navy Yard outside Washington, DC. The shooter was killed though now it is unlikely we will learn of his twisted motivation to commit such a cowardly act on innocent people. How did he get past security? He had a couple of firearm [...]

2013-09-20T20:30:02-04:00A View|

Housing Improvements

On 2/21 the Conference Board Index of Leading Economic Indicators (LEI) was reported to have risen 0.2 percent in January, to 94.1 (2004 = 100), following a 0.5 percent increase in December and no change in November. Says Ataman Ozyildirim, an economist at the Conference Board, “The US LEI rose again in January pointing to [...]

2013-03-01T16:03:11-05:00A View|

Economy Shows Growth

Led by declines in production related indicators, the Chicago Fed National Activity Index  or CFNAI decreased to +0.02 in December from +0.27 in November. The index’s 3 month moving average, CFNAI-MA3 edged up from -0.13 in November to -0.11 in December, its tenth consecutive reading below zero which suggests that growth in national economic activity [...]

2013-01-25T17:54:00-05:00A View|

Mixed Signals

Happy days ... today marks the first day of winter. We have not had any measurable snow in Cleveland yet this season, however, a strong storm is bearing down on us from the plains. It is likely we will get snow today and through the weekend. The good news is now the days will begin [...]

2012-12-21T21:52:42-05:00A View|
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