Posted on 10/20/2011 7:20:00 AM PDT by Redmen4ever
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.2 percent in September...
(Excerpt) Read more at conference-board.org ...
The ten components of The Conference Board Leading Economic Index® for the U.S. include:
Average weekly hours, manufacturing
Average weekly initial claims for unemployment insurance
Manufacturers new orders, consumer goods and materials
Index of supplier deliveries vendor performance
Manufacturers' new orders, nondefense capital goods
Building permits, new private housing units
Stock prices, 500 common stocks
Money supply, M2
Interest rate spread, 10-year Treasury bonds less federal funds
Index of consumer expectations
What aren't included are the effects of an impending debt bomb (obamacare), a marxist regime, and potentially violent, mass social unrest factors.
One could get the hunch the omens are dark.
“slow growth or “slowth,” through the end of 2001”
Man, that is really sloooow. So slow we’re going backwards. :-)
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