2012 Economic Calendar
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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
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
 
 

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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