Friday, March 22, 2013

Leading Economic Index Increases, PMI Up

Conference Board Leading Economic Index for the U.S. Increases: The Conference Board Leading Economic Index (LEI) for the U.S. rose 0.5 percent in February to 94.8 (2004 = 100), following a 0.5 percent increase in January, and a 0.4 percent increase in December.
http://articles.marketwatch.com/2013-03-21/economy/37886972_1_new-orders-and-employment-markit-slower-rate 
March U.S. flash manufacturing PMI rises to 54.9 The U.S. flash manufacturing purchasing managers index rose to a 54.9 reading in March from 54.3 in February.  A level above 50 indicates an expansion in activity