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Economic Update – October 2015

“Despite September’s decline, the U.S. LEI still suggests economic expansion will continue, although at a moderate pace,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “The recent weakness in stock markets, the manufacturing sector and housing permits was offset by gains in financial indicators, and to a lesser extent improvements in consumer expectations and initial claims for unemployment insurance. The U.S. economy is on track for moderate growth of about 2.5 percent in the coming quarters, despite the mixed global economic landscape.”

U.S. Economic Snapshot 110415

•       “The Employment Situation – September 2015” – 10/02/15

•       “October 2015 Manufacturing ISM Report on Business” – 11/02/15

•       “October 2015 Non-Manufacturing ISM Report on Business” – 11/04/15

•       “Advance Monthly Sales for Retail and Food Services September 2015” – 10/14/15

•       “Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders September 2015” – 10/27/15

•       “The Conference Board Consumer Confidence Index Retreats” – 10/27/15

•       “The Conference Board Leading Economic Index” – 10/22/15

•       “New Residential Construction in September 2015” – 10/22/15