2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Leading Indicators  
Released On 2/22/2018 10:00:00 AM For Jan, 2018
PriorConsensusConsensus RangeActual
Leading Indicators - M/M change0.6 %0.6 %0.3 % to 0.9 %1.0 %

The index of leading economic indicators points to robust economic growth ahead, accelerating in January to rise 1.0 percent following a 0.6 percent gain in December.

Contributing most to the unexpectedly large gain in January were building permits, stock prices and once again ISM's new orders index, where unusually strength has not yet been translated to similar gains in government data. Steady contributions continue to come from average initial claims, consumer expectations, the interest rate spread and the report's credit index.

Consensus Outlook
Despite all the turbulence, January was still a positive for the stock market which looks to contribute solidly to the month's index of leading economic indicators. Extraordinary strength in ISM new orders will be a key positive as will the month's decline in jobless claims. January's call for the LEI is a very strong 0.6 percent gain.

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

2018 Release Schedule
Released On: 1/252/223/224/195/176/217/198/179/2010/1811/2112/20
Release For: DecJanFebMarAprMayJunJulAugSepOctNov

powered by  [Econoday]