Coming Tomorrow: Trade And Leading Indicators

Jan. 13, 2005
By John S. McClenahen After today's flood of economic data -- retail sales, CPI, housing starts, and industrial production -- there doesn't seem to be much important stuff that's yet to appear. However, tomorrow morning at 8:30 a.m. EDT, the U.S. ...
ByJohn S. McClenahen After today's flood of economic data -- retail sales, CPI, housing starts, and industrial production -- there doesn't seem to be much important stuff that's yet to appear. However, tomorrow morning at 8:30 a.m. EDT, the U.S. Commerce Dept. reports foreign trade numbers for February. And at 10 a.m., the New York-based Conference Board, a business-research group, reports its index of leading economic indicators. The U.S. trade deficit for February will likely be $33.5 billion, with a services surplus of $6.2 billion partially offsetting a manufactured goods deficit of $39.7 billion, figures UBS Warburg LLC, New York. It believes the leading indicators probably continued to decline in March -- 0.3% compared with February-with declining stock prices, higher initial claims for unemployment insurance, and fewer building permits pulling the index down.

Popular Sponsored Recommendations

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

How to Achieve a Sustainability Breakthrough by Increasing Data Resolution

Aug. 22, 2023
Learn how looking at data differently can help companies address sustainable operations challenges.

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!