Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
Index For Future Economic Growth Drops
NEW YORK (10/15/13)--An index of future U.S. economic growth fell to a three-month low on Friday.

The Weekly Leading Index, a metric compiled by the New York-based Economic Cycle Research Institute, fell to 130.4 in the week ending on Oct.4--down from 132.1 the previous week (Reuters Oct. 11).

The decline is the largest one week drop since mid-April 2012 (Moody's Economy.com Oct. 11).

The ECRI measure of smooth, annualized growth also decelerated to 3.8%, its slowest pace all year, and well below its 2013 peak of 8.8%.
 


RSS print
News Now LiveWire
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
12 hours ago
The 2014 @CUwomen Forum was held in Gold Coast, Australia yesterday during @WOCCU 's World CU Conference.
15 hours ago
.@CFPB obtains $92M in debt relief from Colfax Capital Corp. http://t.co/QPZAeCAcy2 See also: http://t.co/Kjf4HHkINW
16 hours ago
Julian Castro was sworn in as 16th secretary of @HUDgov Dept. of Housing and Urban Development Mon.
16 hours ago
.@CUNA's Chief Economist @SchenkMike talks consumer confidence--at highest levels since 2007 w/ @TheStreet @JoeDeaux http://t.co/JyoYQmhAxc
16 hours ago