October 29th, 2011
Econintersect: The USA Department of Treasury produces a summary of indicators which are included in this post. But as a warning, Econintersect does not see most of these indicators as important in the current New Normal economy - and sees only Industrial Production (IP) and employment as primary pulse points to gauge economic health.
In addition, the Philly Fed produces a US Leading Index which is based on its forecast of the six-month growth rate of each state's coincident index. In addition to the coincident index, the models include other variables that lead the economy: state-level housing permits (1 to 4 units), state initial unemployment insurance claims, delivery times from the Institute for Supply Management (ISM) manufacturing survey, and the interest rate spread between the 10-year Treasury bond and the 3-month Treasury bill. This leading index is improving, and not in recession territory.