There have been signs pointing to the construction industry – one of the last industries to recover after the recession – finally starting to grow this year. With building permits up and existing home sales rising, it looks like they are poised to experience growth immediately. In March building permits, […]
Author: Cesar Bustamante
Unemployment Will Remain Steady as Jobseekers Grow but Remain Untrained
Tomorrow’s Bureau of Labor Statistics report will show that unemployment remains at 8.8 percent according to most economists. This ends the steady decrease of jobless claims in the United States since November when it was as high 9.8 percent. The growing number of people getting jobs in the private sector […]
Japan Crisis Will Push Down the LEI
The Index of Leading Economic Indicators (LEI) moved up to .08 from .01. However it will falter when March’s LEI is released because of the unexpected rise in oil prices caused by the unrest in the Middle East and especially the crisis in Japan. “The increase of gas prices affects […]
Changes in Building Permit Codes Affected LEI Numbers
The number for January’s Index of Leading Economic Indicator (LEI) came out yesterday and they show that the U.S. is still increasing by 0.1 percent. For some this may look like bad news since the number was a decrease and much lower than those that came out in the last […]