Laserfiche WebLink
LEADING INDICATORS OF ECONOMIC ACTIVITY <br />Leading Economic Indicators (LEI) <br />15.0% <br />10.0% <br />5.0% <br />a <br />c 0.0% <br />-5.0% <br />-10.0% <br />-15.0% <br />- 20.0% Recession I <br />- 25.0% <br />q4 T<, T4 9, �4 -4 "94 "l4 -T4 "94 �4 <br />6PcP 6°c9 6°9 6°9 es0 6°O es 6°1 6P1 °� 6% <br />St 8 6 O S! ) 6 O S! <br />Source: The Conference Board <br />1.00 <br />0.75 <br />0.50 <br />ca 0.25 <br />a <br />a 0.00 <br />• -0.25 <br />- 0.50 <br />- 0.75 <br />- 1.00 <br />CMCHANDLER <br />ASSET MANAGEMENT <br />Chicago Fed National Activity Index (CFNAI) <br />q4 q4 q4 q<, -To -94 -To -94, -94, to q4 <br />63St (9cP e°a:9 �:96 � OO g 0S� � O% � 1 � 16 a°c <br />O St <br />Source: Federal Reserve Bank of Chicago <br />The Conference Board's Leading Economic Index (LEI) remained in negative territory at -0.2% in August, improving from -0.6% in July. The <br />index dropped 5.0% year -over -year. The improvement can be attributed to a decrease in the yield curve inversion, an increase in building <br />permits, and stock market performance. The Chicago Fed National Activity Index (CFNAI) increased to 0.12 in August from a downwardly <br />revised -0.42 in July, which was above consensus expectations. The three-month moving average fell to -0.17 in August from -0.13 in July, <br />indicating below -trend growth expectations for the economy. <br />8 <br />27/87 <br />