2016 Economic Calendar
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Leading Indicators  
Released On 2/18/2016 10:00:00 AM For Jan, 2016
PriorPrior RevisedConsensusConsensus RangeActual
Leading Indicators - M/M change-0.2 %-0.3 %-0.2 %-0.3 % to 0.2 %-0.2 %

Highlights
The index of leading economic indicators fell 0.2 percent in January following a revised 0.3 percent decline in December. Four of this index's 10 components track the factory sector which offers some explanation for the weakness. But the stock market is also tracked and has also been a negative factor. A positive has been the rate spread which remains favorable due to the Fed's still low policy rate though the decrease underway in long rates will limit this component's strength for February. A special negative factor for January was the month's rise in unemployment claims though this component for February looks to be a major positive given the decrease underway this month. Building permits were also a negative for January.

Recent History Of This Indicator
Losses in the stock market and a rise in jobless claims will likely depress the index of leading indicators which is expected to decline 0.2 percent in January. But for most of second-half last year, this index, boosted by low short-end rates as well as the report's credit component, pointed to respectable first-half growth for the economy this year.

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
 
 

2016 Release Schedule
Released On: 1/222/183/174/215/196/237/218/189/2210/2011/1812/22
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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