LEI Increased 3 Consecutive Months The LEI increased 3 consecutive months, according to the Conference Board Leading Economic Index (LEI) for the US, which showed an increase of 0.2 percent in April following a 0.3 percent increase in March and a 0.2 percent increase in February. The US LEI rose in April, the third consecutive [...]
US SBQ Spot Market Prices Slip US SBQ spot market prices slip for most grades of special bar quality (SBQ) in AMM’s latest assessment on Friday 12/14 driven by late year discounting although overall demand remains strong. Sources indicated that lead times stretch from late February to early March 2019. The price for 1.000” Round [...]
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, [...]
The Dow Industrials surged 421 points on Thursday ... its biggest gain since December 2011, bolstered by reassurances from the Federal Reserve that it remains in no rush to raise interest rates. The Empire State Manufacturing Survey for December ... indicates that business activity for New York manufacturers declined in December. The headline general business [...]
The Conference Board Leading Economic Index (LEI) The LEI for the United States increased 0.9 percent in October following a 0.7 percent increase in September. The LEI rose sharply in October with all components gaining over the previous six months, despite negative contribution from stock prices in October and minimal contributions from new orders for [...]
