BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Look for more of the same, as leading economic indicators remain lame]]>http://www.bloggingstocks.com/2008/11/20/look-for-more-of-the-same-as-leading-economic-indicators-remain/http://www.bloggingstocks.com/2008/11/20/look-for-more-of-the-same-as-leading-economic-indicators-remain/http://www.bloggingstocks.com/2008/11/20/look-for-more-of-the-same-as-leading-economic-indicators-remain/#commentsFiled under: , , ,

From a macroeconomic standpoint, the fiscal stimulus package can't get passed soon enough.

The Conference Board's index of leading economic indicators (pdf) fell 0.8% in October, with six of 10 components dragging the index lower. Economists surveyed by Bloomberg News had expected the LEI index to decline by 0.6% in October.

From April-October 2008, the leading index declined 2.4% or a negative 4.7% annual rate, compared to a 1.2% decrease or a negative 2.3% annual rate over the previous six months, the Board said.

Economist Richard Felson told BloggingStocks Thursday the October LEI data documents what many on both Main Street and Wall Street sense: economic conditions are worsening.

"The LEI data shows an economy that's slowing. The recession is getting worse, so look for more of the same regarding job lay-offs and downsizings, as well corporate revenue and earnings declines, and earnings guidance reductions," Felson said. "As it stands now, the economy is likely to remain in recession through at least end of the second quarter of 2009, which points to the need for federal fiscal stimulus, and other measures. The individual states are doing what they can to increase private sector demand, but many are cash-strapped themselves, facing budget deficits."

Continue reading Look for more of the same, as leading economic indicators remain lame

Look for more of the same, as leading economic indicators remain lame originally appeared on BloggingStocks on Thu, 20 Nov 2008 15:29:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gdpinthenewsLeading Economic IndicatorsLEIThe Conference BoardU.S. economyThu, 20 Nov 2008 15:29:00 EST<![CDATA[Leading economic indicators rise for second straight month]]>http://www.bloggingstocks.com/2008/06/19/leading-economic-indicators-rise-for-second-straight-month/http://www.bloggingstocks.com/2008/06/19/leading-economic-indicators-rise-for-second-straight-month/http://www.bloggingstocks.com/2008/06/19/leading-economic-indicators-rise-for-second-straight-month/#commentsFiled under: , ,

The Index of Leading Economic Indicators increased 0.1% in May, the Conference Board announced Thursday. (pdf)

Economists surveyed by Bloomberg News had expected the May index to remain unchanged in May. The index increased 0.1% in April and was unchanged in March.

The leading index has risen for the past two months, following a steady decline that began in the middle of last year, the board said. However, the number of components that are falling continues to be greater than the number of components that are rising over the past six months.

Continue reading Leading economic indicators rise for second straight month

Leading economic indicators rise for second straight month originally appeared on BloggingStocks on Thu, 19 Jun 2008 12:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>corporate earningsgdpinthenewsjob creationjobsLeading Economic IndicatorsLEIThe Conference BoardU.S. economyThu, 19 Jun 2008 12:43:00 EST<![CDATA[U.S. leading economic indicators rises for 2nd straight month, but sluggishness seen]]>http://www.bloggingstocks.com/2008/05/19/u-s-leading-economic-indicators-rises-for-2nd-straight-month-b/http://www.bloggingstocks.com/2008/05/19/u-s-leading-economic-indicators-rises-for-2nd-straight-month-b/http://www.bloggingstocks.com/2008/05/19/u-s-leading-economic-indicators-rises-for-2nd-straight-month-b/#commentsFiled under: , ,

The index of Leading Economic Indicators increased 0.1% in April 2008, the Conference Board announced Monday, with the organization adding that weak growth conditions -- but not a recession -- will remain an overriding theme for the U.S. economy into Q4 2008. (pdf)

Economists surveyed by Bloomberg News had expected the index to decrease 0.1% in April 2008. The index increased 0.1% in March 2008 after declining for five straight months.

Four of the 10 ten indicators that comprise the leading index have increased in the past six months. In April 2008, six of 10 increased: stock prices, interest-rate spreads, building permits, jobless claims, vendor performance, and consumer-goods orders. Consumer expectations, factory work hours, and orders for capital goods declined. Money supply was unchanged.

A mild U.S. recession?

Economist Glen Langan told BloggingStocks Monday the April 2008 LEI information is another datapoint, albeit a modest one, pointing to a mild U.S. recession.

Continue reading U.S. leading economic indicators rises for 2nd straight month, but sluggishness seen

U.S. leading economic indicators rises for 2nd straight month, but sluggishness seen originally appeared on BloggingStocks on Mon, 19 May 2008 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>GDPinthenewsleading economic indicatorsLEIThe Conference BoardU.S. economyMon, 19 May 2008 11:00:00 EST<![CDATA[U.S. leading economic indicators' January decline suggests weak growth ahead]]>http://www.bloggingstocks.com/2008/02/21/u-s-leading-economic-indicators-january-decline-suggests-weak/http://www.bloggingstocks.com/2008/02/21/u-s-leading-economic-indicators-january-decline-suggests-weak/http://www.bloggingstocks.com/2008/02/21/u-s-leading-economic-indicators-january-decline-suggests-weak/#commentsFiled under: , , ,

The index of leading economic indicators declined 0.1% in January 2008 -- its forth consecutive monthly decline, the Conference Board announced Thursday, suggesting the U.S. economy is likely to register weak growth in the period ahead.

One bright spot: the group's coincident index, which measures current conditions, rose 0.1% in January 2008, indicating that the economy wasn't in recession last month.

The Conference Board said five of the 10 components that make up the leading indicators -- stock prices, building permits, manufacturers' new orders, non-defense capital goods, and interest-rate spreads -- declined in January 2008. Real money supply, average weekly jobless claims, and consumer expectations/vendor performance increased. Average weekly manufacturing hours and manufacturers' new orders for consumer goods/materials remained the same.

Continue reading U.S. leading economic indicators' January decline suggests weak growth ahead

U.S. leading economic indicators' January decline suggests weak growth ahead originally appeared on BloggingStocks on Thu, 21 Feb 2008 13:35:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>business confidenceConference Boardconsumer spendingConsumerSpendingfeaturedGDPleading economic indicatorsleiU.S. economyThu, 21 Feb 2008 13:35:00 EST