Trend Watch: The Economy.
With the help of our friends at Hanley Wood Market Intelligence, NES helps you keep track of the ever-changing economy.
Leading Economic Indicators
Leading indicators increased this month following two consecutive months of declines. Currently the leading index stands at 137.7, a 0.2 point (0.14%) increase from a revised 137.50 last month. The index is down 1.2 points (-0.86%) from its levels six months ago of 138.9 seen in March. > MORE
Real GDP
The advance estimates for third quarter GDP came in lower than most economists' estimates at an annual rate of 1.6%, down from the final second quarter number of 2.6%. Third quarter GDP growth slowed dramatically compared to the 5.6% growth in the first quarter of this year. > MORE
Inflation
The Consumer Price Index in September decreased 0.5% from its August levels on an unadjusted basis while consumer prices also declined 0.5% on a seasonally adjusted basis. The core CPI, which economists watch as a closer indicator of inflation because it excludes often-volatile food and energy prices, increased 0.2% in September on a seasonally adjusted basis from August. On an unadjusted basis, headline CPI increased 2.1% from its year-ago levels compared to a 3.8% year-over-year increase in August. Core CPI increased 2.9% year-over-year in September, which is the biggest one-year increase in core prices since February 1996. > MORE
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