{"id":1004144523,"date":"2016-05-20T04:54:24","date_gmt":"2016-05-20T12:54:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144523"},"modified":"2022-12-08T23:36:10","modified_gmt":"2022-12-09T07:36:10","slug":"economy-watch-uptick-ahead-for-the-u-s-economy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-uptick-ahead-for-the-u-s-economy\/","title":{"rendered":"Economy Watch: Uptick Ahead for the U.S. Economy?"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004144525\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Conference-Board-LEI.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004144525\" data-attachment-id=\"1004144525\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-uptick-ahead-for-the-u-s-economy\/conference-board-lei\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Conference-Board-LEI.jpg\" data-orig-size=\"392,275\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Samantha Goldberg&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1463733617&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Conference Board LEI\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Credit: The Conference Board&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Conference-Board-LEI.jpg?w=392\" class=\"size-medium wp-image-1004144525\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Conference-Board-LEI.jpg\" alt=\"Credit: The Conference Board\" width=\"300\" height=\"210\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Conference-Board-LEI.jpg 392w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Conference-Board-LEI.jpg?resize=300,210 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004144525\" class=\"wp-caption-text\">Credit: <a href=\"https:\/\/www.conference-board.org\/pdf_free\/press\/US%20LEI%20-%20Tech%20Notes%20May%2019%202016.pdf\" target=\"_blank\" rel=\"noopener\">The Conference Board Leading Economic Index (LEI) for the U.S.<\/a><\/p><\/div>\n<p>Is there an improvement on the horizon for the U.S. economy\u2014something that justifies the Federal Reserve&#8217;s seemingly optimistic view of\u00a0the economy, and its willingness (perhaps) to raise interest rates in June? A couple of reports released on Thursday help make the case that the economy is emerging from its early-2016 sloth to a more active rest of the year, though the data is hardly all in.<\/p>\n<p>For one, the Conference Board reported that its <a href=\"https:\/\/www.conference-board.org\/data\/bcicountry.cfm?cid=1\" target=\"_blank\" rel=\"noopener\">Leading Economic Index<\/a> (LEI) for the U.S. increased 0.6 percent in April to 123.9 (2010 = 100). That followed no change in March, and a 0.1 percent increase in February, or virtually no rise in the metric for two months.<\/p>\n<p>\u201cThe U.S. LEI picked up sharply in April, with all components except consumer expectations contributing to the rebound from an essentially flat first quarter,\u201d noted the Conference Board&#8217;s Ataman Ozyildirim in a statement. \u201cDespite a slow start in 2016, labor market and financial indicators, and housing permits, all point to a moderate growth trend continuing in 2016.\u201d<\/p>\n<p>Also on Thursday, the Federal Reserve Bank of Chicago reported that its <a href=\"https:\/\/www.chicagofed.org\/publications\/cfnai\/index\" target=\"_blank\" rel=\"noopener\">National Activity Index<\/a> (CFNAI) rose to +0.10 in April from -0.55 in March. The improvement was led by production-related indicators. The index comprises 85 individual indicators in four major categories, including production,\u00a0employment, personal consumption and sales.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent reports help make the case that the economy is emerging from its early-2016 sluggish growth to a more active rest of the year. <\/p>\n","protected":false},"author":1023,"featured_media":1004144525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[],"class_list":["post-1004144523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economy Watch: Uptick Ahead for the U.S. Economy? 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