In line with recent trends, the U.S. Leading Indicator continues to signal increased industrial production in the U.S. through the second half of 2014, according to the Institute for Trend Research.
The December 2013 raw data jumped 6.1% from the same period a year earlier. The December 1/12 rate of changed dropped slightly from its November mark, but continues to hold well above the zero line, indicating that growth will continue through the rest of the year.
Source: Institute for Trend Research
This forecast reflects the results of our recent poll. SDR’s contacts believe that 2014 will be a positive year for the stock market. More than 75 percent of our respondents believe that markets will finish the year at or above the record-breaking levels of 2013.