US Leading Indicator Update

The US Leading indicator is again signaling a pickup in growth for the end of 2011 and early into 2012, this time with positive news for the manufacturing sector.

The purchasing managers index 1/12 (PMI) moved upward last month, thanks in part to increases in supplier deliveries, manufacturing inventories, and imports by manufacturers. The PMI jump is a strong signal for improved industrial production in 2011 and 2012.

Source: Institute for Trend Research

2018-03-21T14:01:35+00:00 Economic Outlook, State of the Market|