2019 Economic Calendar
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Leading Indicators  
Released On 1/24/2019 10:00:00 AM For Dec, 2018
 PriorConsensusConsensus RangeActual
Month over Month0.2 %-0.1 %-0.2 % to 0.2 %-0.1 %
US 6-Mo ChartGlobal Current
performance relative to consensus

Consensus Outlook
The consensus for December's index of leading economic indicators is a decline of 0.1 percent vs a 0.2 percent increase in November. The stock market especially but also consumer expectations and ISM manufacturing orders look to be December negatives.

Relative Performance Index

Econoday's RPI provides a handy summary measure of how an economy has recently been evolving relative to market expectations.
A reading above zero means that the economy in general has been performing more strongly than expected and vice versa for a reading below zero. The closer is the value to the maximum (+100) or minimum (-100) levels, the greater is the degree to which markets have been under- or over-estimating economic activity. A zero outturn would imply that, on average, the market consensus has been correct. Note too that the index is sensitized to place extra weight upon those indicators that investors consider to be the most important.

 

Definition
The index of leading economic indicators is a composite of 10 forward-looking components including building permits, new factory orders, and unemployment claims. The report attempts to predict general economic conditions six months out. Why Investors Care

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