AIER’s Leading and Roughly Coincident Indicators indexes drop to 33, reflecting the economic devastation.
Despite the continued modestly positive reading for the Leading Indicator index, the U.S. economy likely contracted in March, ending the longest U.S. economic expansion on record.
AIER’s Everyday Price Index fell 0.7 percent in March on a drop in motor fuel prices.
AIER’s Everyday Price Index fell 0.2 percent in February as energy offset food and apparel.
AIER’s Leading Indicators Index remains close to neutral; COVID-19 threatens the outlook. Extreme caution is warranted.
AIER’s Everyday Price Index rose 0.3 percent in January after being unchanged in December.
A decline for the AIER Leading Indicators index leaves the index at a neutral 50 for January
The AIER Leading Indicators index gave back the small gain from November, leaving the index just slightly above neutral for the fifth consecutive month.
AIER’s Everyday Price Index was unchanged in December but is up 2.1 percent for the year, the fastest pace since October 2018.
The AIER Leading Indicators index posted a small gain in November but remains close to neutral, supporting a cautious outlook.