2018 Economic Calendar
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Leading Indicators  
Released On 5/17/2018 10:00:00 AM For Apr, 2018
PriorPrior RevisedConsensusConsensus RangeActual
Leading Indicators - M/M change0.3 %0.4 %0.4 %-0.1 % to 0.4 %0.4 %

Highlights
A rise in the factory workweek and a still favorable rate spread in the bond market (short rates lower than long rates) are the leading positives in April's index of leading economic indicators, up a solid 0.4 percent. Holding back the index in April were the stock market and a step back in building permits. Though still solid, gains in the LEI have been easing back which the report notes lowers the chances that economic growth will accelerate later this year.

Consensus Outlook
The index of leading economic indicators had been posting a run of very strong readings though the gain back in March, at 0.3 percent, was held down by a temporary rise in unemployment claims and a dip in the factory workweek. But with the stock market soft and ISM orders slipping forecasters aren't looking for much acceleration in April with a 0.4 percent gain the consensus.

Definition
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
 

2018 Release Schedule
Released On: 1/252/223/224/195/176/217/198/179/2010/1811/2112/20
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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