08|05|2024

Leading Indicator Watch | August 2, 2024

Jobs data jolted markets on Friday with the Nonfarm Payrolls (Jul) falling well short of forecasts. Only 114k jobs were added compared to an estimated 176k. The unemployment rate...

07|29|2024

Leading Indicator Watch | July 26, 2024

Consumer Goods & Materials: The Core Personal Consumption Expenditure (PCE) Price Index (MoM)(Jun) increased slightly from 0.1 to 0.2%, meeting expectations. The YoY (Jun) reading held firm at 2.5%....

07|22|2024

Leading Indicator Watch | July 19, 2024

Our leading indicators this week focused on the S&P 500: The S&P 500 fell by 110.35 points, closing at 5,505.00 (up 15.41% YTD). Market volatility as measured by The...

07|15|2024

Leading Indicator Watch | July 12, 2024

Consumer Goods & Materials: The Consumer Price Index (CPI)(MoM)(Jun) fell 0.1%, the first decline since June 2020. From the consumer’s perspective, prices of goods and services appear to be...

07|08|2024

Leading Indicator Watch | July 5, 2024

Manufacturing & Services: ISM Non-Manufacturing PMI (Services)(Jun) fell to 48.8 from 53.8 (May), the lowest number since March of 2020. More data may be needed to reveal if this...

06|24|2024

Leading Indicator Watch | June 21, 2024

Retail Sales: Core retail sales (excluding automobiles) softened (May) (MoM), to -0.1%, missing the forecasted number of 0.2%. Consumer spending activity will be top of mind as we head...

06|17|2024

Leading Indicator Watch | June 14, 2024

Consumer Goods & Materials: Core CPI (Consumer Price Index) (inflation excluding food and energy costs), which measures the change in consumer prices, increased .2%, which was lower than expected...

06|10|2024

Leading Indicator Watch | June 7, 2024

Unemployment: Nonfarm Payrolls (May) forecast was estimated at 182k, but actual numbers came in at 272k. The Federal Reserve bank meets this week, and this data will likely impact...