03|24|2025

Leading Indicator Watch | March 21, 2025

Retail Sales: Retail Sales (MoM)(Feb) ticked up just 0.2%, falling short of the 0.6% forecast. The reading points to a possible slowdown in consumer spending, which is a key...

03|18|2025

Leading Indicator Watch | March 14, 2025

S&P 500: The S&P 500 declined for the fourth week in a row, dropping -131.26 points, and closing at 5,638.94 (down -4.13% YTD). The CBOE Volatility Index (VIX) settled at...

03|10|2025

Leading Indicator Watch | March 7, 2025

Manufacturing & Services: February’s ISM data showed a divergence between sectors. Manufacturing PMI decreased from 50.9 to 50.3. Non-Manufacturing (Services) PMI rose from 52.8 to 53.5. 50 marks contraction/expansion. Be...

03|03|2025

Leading Indicator Watch | February 28, 2025

Consumer Goods & Materials: The Core PCE Price Index (Jan) (MoM) rose 0.3%, as expected. The index increased by 2.6% YoY, the lowest since last July. Core PCE, which...

02|25|2025

Leading Indicator Watch | February 21, 2025

Housing and Building: Housing starts (MoM) (Jan), which measures the change in the number of new constructions underway, declined 9.8%. The annualized number came in at 1.366M, less than...

02|18|2025

Leading Indicator Watch | February 14, 2025

Consumer Goods & Materials: Price data made headlines this past week. U.S. Consumer Price Index (CPI)(MoM)(Jan) jumped 0.5%, higher than forecast. The year-over-year number climbed to 3.0%. U.S. Producer...

02|10|2025

Leading Indicator Watch | February 7, 2025

Unemployment: Jobs numbers were a key focus in this week’s economic headlines. Nonfarm payrolls (Jan) indicated the U.S. economy added 143k jobs, fewer than expected. The unemployment rate (Jan)...

02|03|2025

Leading Indicator Watch | January 31, 2025

Consumer Goods & Materials: U.S. Core PCE Price Index (MoM) (Dec), the Fed’s preferred inflation gauge, ticked up from 0.1% to 0.2%, in line with expectations. Year-over-year, the index...

01|27|2025

Leading Indicator Watch | January 24, 2025

S&P 500: In market news this past week, the S&P 500 rose 104.58 points, closing at 6,101.24 (up 3.73% YTD). Market volatility, as measured by The CBOE Volatility Index...

01|21|2025

Leading Indicator Watch | January 17, 2025

Consumer Goods & Materials: U.S. Core Consumer Price Index (CPI) (MoM) (Dec) data, which measures inflation less food and energy, rose just 0.2%, the smallest increase since August. Year-over-year,...