2012 Economic Calendar
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Event Definitions   |   Today's Calendar

Leading Indicators
Released On 12/20/2012 10:00:00 AM For Nov, 2012
PriorConsensusConsensus RangeActual
Leading Indicators - M/M change0.2 %-0.2 %-0.3 % to 0.2 %-0.2 %

Highlights
The index of leading indicators shows an as-expected 0.2 percent decline in a November reading that is less than convincing. A jump in jobless claims is the chief negative in the month, one that is badly skewed by special factors and one in any case that has since been reversed. Manufacturing orders are the second area of weakness and here too, underscored by this morning's Philly Fed report, a positive reversal is underway. Housing is a positive in today's report and is likely to be an increasing positive in future reports as the housing sector appears to be building some steam.

Recent History Of This Indicator
The Conference Board's index of leading indicators rose 0.2 percent in October pointing to modestly expanding economic activity ahead. Trends showed improvement for housing and finance which are offsetting weakness in consumer/jobs and manufacturing. The Conference Board, which publishes the report, noteed that Hurricane Sandy had no effect on the data, at least not in October. But they suspect November may show adverse impact on consumer spending and home building.

Definition
A composite index of ten economic indicators that should lead overall economic activity. This indicator was initially compiled by the Commerce Department but is now compiled and produced by The Conference Board. It has been revised many times in the past 30 years -- particularly when it has not done a good job of predicting turning points.  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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