Leading Indicator Watch | May 12, 2023

Shopping Purchase Retail Customer Consumer Sale Concept
AUTHOR: Kerry Hilsabeck, CFP®
TITLE:       Investment Adviser Rep
TAGS:   Jobs, CPI, Yield Curve, S&P 500

Last week’s leading indicator watch highlighted Consumer Goods & Materials: Headline CPI (MoM)(Apr) rose .4% compared to last month’s .1% increase (Feb) but fell to 4.9% (YoY). Core CPI (excludes food & energy) remained steady in April, rising .4%, but fell to 5.5% (YoY).

Be sure to check out more of last week’s leading indicators here and stay tuned for the latest in Market Thoughts.

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