Apr. Leading Indicators: Leading Index -0.1% vs. +0.1% expected, +0.3% prior. Coincident Index...

Apr. Leading Indicators: Leading Index -0.1% vs. +0.1% expected, +0.3% prior. Coincident Index +0.2% vs. +0.2% prior. Lagging Index +0.5% vs. +0.3% prior.
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  • Conventional Wisdumb
    , contributor
    Comments (1800) | Send Message
    Whiff of recession?


    "The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.1 percent in April to 95.5 (2004 = 100), following a 0.3 percent increase in March, and a 0.7 percent increase in February.


    Says Ataman Ozyildirim, economist at The Conference Board: “The LEI declined slightly in April. Falling housing permits, rising initial claims for unemployment insurance and subdued consumer expectations offset small gains in the remaining components. The LEI’s six-month growth rate fell slightly, but remains in expansionary territory and well above its growth at the end of 2011. The CEI, a measure of current economic conditions, has also increased for five consecutive months.”


    Says Ken Goldstein, economist at The Conference Board: “The indicators reflect an economy that’s still struggling to gain momentum. Growth is slow, but choppy, and consumers, executives and investors are looking for more progress.”
    17 May 2012, 10:12 AM Reply Like
  • Poor Texan
    , contributor
    Comments (3527) | Send Message
    "Whiff of recession?"


    Other than by our economists technical measurements, has the recession ever ended? From many, the answer is no.
    17 May 2012, 12:44 PM Reply Like
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