04042020Sat
Last updateFri, 03 Apr 2020 8pm

Manufacturing & The Economy

Leading Economic Indicators Jumped 0.8% in January

The Conference Board Leading Economic Index for the U.S. increased substantially in January. Positive contributions from most components, except for the ISM New Orders Index and average weekly manufacturing hours, fueled the most recent improvement. In the six-month period ending January 2020, the leading economic index increased 0.1% (about a 0.2% annual rate), much slower than the growth of 0.8% (about a 1.6% annual rate) over the previous six months. However, the strengths among the leading indicators are slightly more widespread than the weaknesses.

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