2017 Economic Calendar
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Leading Indicators  
Released On 7/20/2017 10:00:00 AM For Jun, 2017
PriorPrior RevisedConsensusConsensus RangeActual
Leading Indicators - M/M change0.3 %0.2 %0.4 %0.2 % to 0.5 %0.6 %

Housing permits gave the index of leading economic indicators a major lift in June which posted a 0.6 percent gain that tops Econoday's high estimate for 0.5 percent. Permits had been soft through most of the Spring before gaining sharply in last week's housing starts report. Other positives include the ISM new orders index for manufacturing and the yield spread where the positive indication reflects low short-term rates.

Renewed strength in the LEI hints at general economic momentum through the second half of the year. A slight offset to June's gain is a 1 tenth downward revision to May to plus 0.2 percent.

Consensus Outlook
The index of leading economic indicators slowed the last two reports to gains of 0.3 percent in May and 0.2 percent in April but a snapback to 0.4 percent is the call for June. Low interest rates and low jobless claims have been consistent positives in this report.

The index of leading economic indicators is a composite of 10 forward-looking components including building permits, new factory orders, and unemployment claims. The report attempts to predict general economic conditions six months out.  Why Investors Care

2017 Release Schedule
Released On: 1/262/173/174/205/186/227/208/178/179/2110/1911/2012/21
Release For: DecJanFebMarAprMayJunJulJulAugSepOctNov

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