2012 Economic Calendar
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Leading Indicators  
Released On 3/22/2012 10:00:00 AM For Feb, 2012
PriorPrior RevisedConsensusConsensus RangeActual
Leading Indicators - M/M change0.4 %0.2 %0.6 %0.3 % to 0.8 %0.7 %

Improvement in the jobs market is emerging as the most significant factor lifting the economic outlook. The fall in jobless claims headlines a giant 0.7 percent rise in the index of leading economic indicators. The low overnight lending rate for banks, which has been the dominant positive of the recovery, now shares the number one spot with jobless claims. The third and fourth ranking positives for February are the stock market and building permits, gains that hint at a bull market and accelerating recovery for the housing sector. Manufacturing data are positive as is the indication on credit. This report is a stand-out and, unless the gains raise questions of too much strength, should be a positive for today's stock market.

Recent History Of This Indicator
The Conference Board's index of leading indicators advanced a solid 0.4 percent in January following upwardly revised gains of 0.5 and 0.3 percent in the prior two months. Stimulative monetary policy, momentum in the manufacturing sector and a bullish stock market were three central strengths for the economic outlook. Other areas showing strength in January include credit activity and building permits, gains that underscore the improving outlook for the housing and construction sectors. Interestingly, jobless claims pulled the index down in January but, given significant declines so far this month, look to return to the positive column in this report for next month.

The index of leading economic indicators is a composite of 10 forward-looking components including building permits, new factory orders, and unemployment claims. The report attempts to predict general economic conditions six months out.  Why Investors Care

2012 Release Schedule
Released On: 1/262/173/224/195/176/217/198/179/2010/1811/2112/20
Release For: DecJanFebMarAprMayJunJulAugSepOctNov

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