by Doug Short, Advisor Perspectives/dshort.com The University of Michigan Consumer Sentiment preliminary number for March came in at 79.9, a decline from the 81.6 February final. Today’s reading was below the Investing.com forecast of 82.0. The index is off its 85.1 interim high set in July of last year.
Written by Steven Hansen The Conference Board’s Employment Trends Index for February 2014 – which forecasts employment for the next 6 months – strengthened. What the author’s of this index are not telling you is that the growth rate of this index is decelerating.
by Doug Short, Advisor Perspectives/dshort.com Despite an unseasonably cold winter that has dinged some economic indicators, the University of Michigan Consumer Sentiment final number for February came in at 81.6, a bit stronger than the 81.2 January final. Today’s reading fractionally beat the Investing.com forecast of 81.3. The index is off its 85.1 interim high set …
Written by Doug Short and Steven Hansen The February 2014 Conference Board Consumer Confidence Index declined. The market expected this index to come in at 78.0 to 82.0 (consensus 80.1) versus the 78.1 reported.
Written by Steven Hansen The Conference Board Leading Economic Index (LEI) for the U.S. improved again in January to 99.5 (2004 = 100, previous month reading = a downwardly revised 99.2). The index growth has been noisy but remains in a growth trend.