Friday, September 23, 2011

Leading Indicators Outside the Fed's Control Remain Weak

While leading economic indicators expanded 0.3% during August, the expansion remains focused on areas controlled by monetary policy rather than the underlying economy. For the third month in a row (and four of the past five), indicators outside the Fed's control were negative.

1 comment:

  1. Wow! A picture worth a thousand words! That graphic says it all! Thank you!