05|19|2025

Leading Indicator Watch | May 16, 2025

Consumer Goods & Materials: Consumer Price Index (CPI) (MoM)(Apr) rose 0.2%, less than the 0.3% forecast. Year-over-year it rose 2.3%, less than forecast and the lowest reading since February...

05|12|2025

Leading Indicator Watch | May 9, 2025

Manufacturing & Services: ISM Non-Manufacturing (Services) PMI increased to 51.6 (Apr) from 50.8 (Mar), exceeding expectations. April marked the 10th consecutive month of expansion for the sector. 50 marks...

05|05|2025

Leading Indicator Watch | May 2, 2025

Unemployment: Jobs data were mixed this week. Nonfarm payrolls rose by 177,000 (Apr), exceeding the 138,000 forecasted. However, JOLTS job openings fell from 7.480M (Feb) to 7.192M (Mar), missing...

04|28|2025

Leading Indicator Watch | April 25, 2025

Housing and Building: Existing Home Sales declined to 4.02M (Mar) from 4.27M (Feb), reflecting a month-over-month drop of 5.9%. Building permits increased from 1.459M (Feb) to 1.467M (Mar), but...

04|21|2025

Leading Indicator Watch | April 18, 2025

Retail Sales: Retail Sales (MoM)(Mar) jumped 1.4%, the largest monthly increase since January 2023. Core Retail Sales (MoM)(Mar) were also positive, though the increase was a more modest 0.5...

04|14|2025

Leading Indicator Watch | April 11, 2025

In reviwing Core Consumer Prices (excluding volatile food and energy), they rose just 0.1% in March which were below expectations and the smallest monthly increase since June 2024. On...

04|07|2025

Leading Indicator Watch | April 4, 2025

S&P 500: The S&P 500 declined by 506.86 points last week, closing at 5,074.08 and bringing its YTD return to -13.73%. This marked the index’s sharpest weekly pullback in...

03|24|2025

Leading Indicator Watch | March 21, 2025

Retail Sales: Retail Sales (MoM)(Feb) ticked up just 0.2%, falling short of the 0.6% forecast. The reading points to a possible slowdown in consumer spending, which is a key...

03|18|2025

Leading Indicator Watch | March 14, 2025

S&P 500: The S&P 500 declined for the fourth week in a row, dropping -131.26 points, and closing at 5,638.94 (down -4.13% YTD). The CBOE Volatility Index (VIX) settled at...

03|10|2025

Leading Indicator Watch | March 7, 2025

Manufacturing & Services: February’s ISM data showed a divergence between sectors. Manufacturing PMI decreased from 50.9 to 50.3. Non-Manufacturing (Services) PMI rose from 52.8 to 53.5. 50 marks contraction/expansion. Be...