Other key indicators include the November ISM manufacturing and non-manufacturing indexes, November auto sales, and the October trade deficit.
From the Philly Fed: August 2019 Manufacturing Business Outlook Survey Manufacturing activity in the region continued to expand this month, according to results from the September Manufacturing Business Outlook Survey. The survey’s broad indicators remained positive, although their movements were mixed: The indexes for general activity and new orders fell, while the indexes for shipments […]
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for August 2019. Over the past three months, the indexes increased in 46 states and decreased in four, for a three-month diffusion index of 84. In the past month, the indexes increased in 40 states, decreased […]
Note: This appears to be a leading indicator for industrial production. From the American Chemistry Council: Chemical Activity Barometer Rises in September The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), was up 0.1 percent in September on a three-month moving average (3MMA) basis following a 0.1 percent […]