Leading Indicators
Released On 10/23/2014 10:00:00 AM For Sep, 2014
Prior Prior Revised Consensus Consensus Range Actual
Leading Indicators - M/M change 0.2 % 0.0 % 0.6 % 0.1 % to 0.8 % 0.8 %
Highlights
The index of leading economic indicators rose an outsized 0.8 percent in September against an easy August comparison when the index was unchanged. Low interest rates were the major factor contributing to the strength which was very broad based with only one of the 10 components, consumer expectations, in the negative column. The improvement in the labor market was a very strong positive for the month as was the month's strength in manufacturing. Early indications on October's readings are mixed with interest rates moving even lower and the consumer sentiment and consumer comfort indexes both showing strength. On the flat side, however, are unemployment claims and early manufacturing readings.
