22 October 2015

• U.S. Leading Economic Index — September 2015

“The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.2 percent in September to 123.3 (2010 = 100). The Index was unchanged in August and July.

“’Despite September’s decline, the U.S. LEI still suggests economic expansion will continue, although at a moderate pace,’ said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. ‘The recent weakness in stock markets, the manufacturing sector and housing permits was offset by gains in financial indicators, and to a lesser extent improvements in consumer expectations and initial claims for unemployment insurance. The U.S. economy is on track for moderate growth of about 2.5 percent in the coming quarters, despite the mixed global economic landscape….’”

Please visit this link to read the full report: TheConferenceBoard

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


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