“December’s gain in the LEI was driven by a majority of its components, suggesting the short-term outlook is getting brighter and the economy continues to build momentum,” said Ataman Ozyildirim, Economist at The Conference Board. “Still, a lack of growth in residential construction and average weekly hours in manufacturing remains a concern. Current economic conditions measured by the coincident indicators show employment and income gains are helping to keep the U.S. economy on a solid expansionary path despite some weakness in industrial production.”
- “Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders November 2014” – www.census.gov 12/23/14
- “The Conference Board Leading Economic Index for the U.S. Increased Again” – www.conference-board.org 01/23/15
- “Gross Domestic Product: Third Quarter 2014 (Third Estimate)” – www.bea.gov 12/23/14
- “The Conference Board Consumer Confidence Index Bounces Back” – www.conference-board.org 12/30/14
- “December 2014 Manufacturing ISM Report on Business” – www.ism.ws 01/02/15
- “Advance Monthly Sales for Retail and Food Services” – www.census.gov 01/14/15
- “The Employment Situation – December 2014” – www.bls.gov 01/09/15
- “December 2014 Manufacturing ISM Report on Business” – www.ism.ws 01/02/15
- “December 2014 Non-Manufacturing ISM Report on Business” – www.ism.ws 01/06/15
- “New Residential Construction in December 2014” – www.census.gov 01/21/15