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Tag Archives: Leading Economic Index

Housing Outlook Stays Positive Despite Predicted Moderate Economic Expansion

The predicted moderate economic expansion does not change the Conference Board’s outlook for housing, which is largely positive. Ozyildirim told DS News earlier in the week that, “The single family housing market seems to be heating up, despite some potential volatility. Construction companies and workers are busy while home prices and mortgage rates remain favorable.”

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Leading Economic Index Spikes In April Driven By Housing Improvements

Economists have remained positive but cautious for 2015's outlook despite the Q1 growth they termed as "paltry." They were particularly positive in the area of housing; a substantial increase in housing permits was largely responsible for the April spike in the Conference Board's LEI.

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Leading Economic Indicators Grow For Third Consecutive Month

A popular index gauging leading U.S. economic indicators grew for a third straight month in November, signaling moderate economic growth as the year closes out. The Conference Board's Leading Economic Index (LEI) increased 0.6 percent in November to 105.5, the group reported. Released monthly, the index gauges the potential for future economic growth based on 10 leading components, including homebuilding permits, weekly initial unemployment claims, and average consumer expectations for business conditions.

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Economic Forecast Exceeds October Predictions

The continuing improvement comes as consumers express a more optimistic outlook for the economy and their own finances. Last week, the University of Michigan/Thomson Reuters preliminary reading of consumer sentiment hit its highest level in more than seven years, spurred by improving labor conditions and cheaper gasoline prices.

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DS News Webcast: Monday 9/22/2014

Foreclosure, REO, News, Webcast

The U.S. House of Representatives passed bipartisan legislation recently that allows small businesses to spend capital toward creating jobs instead of compliance. H.R. 4, known as the Jobs for America Act, contains two Financial Services Committee bills designed to provide regulatory ...

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Economy Slows Down in August After Large June, July Gains

The group's measure of current economic indicators also edged up 0.2 percent to 109.7, slightly better than July's gain as personal income, employment, and retail sales continued to make strides.

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Leading Economic Index Gains Momentum in March

The Conference Board’s Leading Economic Index (LEI) was updated Monday, rising for the third straight month. The LEI increased 0.8 percent in March to 100.9, outpacing increases of 0.2 percent in January and 0.5 percent in February.

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