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leading indicators

US Economics Week Ahead: Housing Side Story & A Special Election

This week will primarily focus on earnings, with housing data acting as an intriguing side story. Companies expected to report earnings this week include: AMR Inc. (AMR), Bank of America (BAC), Citigroup (C), CSX (CSX), EBay (EBAY), GE (GE), Goldman-Sachs (GS), Google (GOOG) IBM (IBM), Morgan Stanley (MS), and Wells Fargo (WFC). The housing side […]

US Economics Week Ahead: Earnings Usurp Housing Data

On the economic front the market will be encountering some important housing related releases in addition to the Fed’s Beige Book on Wednesday.  On the housing front, on Monday the market will get a peak at October’s NAHB/Wells Fargo Housing Market Index, followed by housing starts on Tuesday.  However, the most important housing release of […]

US Week Ahead: Where’s the Upside?

This week will provide us with our first peak into this month’s manufacturing and housing sector data with Monday’s Empire State Manufacturing Survey and NAHB/Wells Fargo Housing Market Index. They will be followed up later in the week with the Philly Fed manufacturing survey, and both housing starts and existing home sales on the housing […]

Leading Indicators Up: A Good Sign for the Economy

The index of leading indicators was up in June by 0.7%, or slightly above the market consensus of 0.5%. At the same time May’s number was revised up to 1.3% from 1.2%. This is the third consecutive month of gains for the index. In the release the Conference Board was quoted as saying, “The behavior […]