Economic Freedom

“The AIER Leading Indicators index held steady in November, coming in at a neutral 50 for a second month. The result suggests continued economic expansion, but with elevated risks due to sustained upward pressure on prices and recurring waves of new Covid cases.” ~ Robert Hughes

“The AIER Leading Indicators index posted another drop in October, coming in at a neutral 50. The result suggests continued economic expansion, but ongoing labor difficulties, materials shortages, and logistical and transportation bottlenecks are sustaining upward pressure on prices.” – Robert Hughes

“The AIER Leading Indicators index posted a sixth consecutive drop in September but remains slightly above the neutral 50 threshold, suggesting continued economic expansion. However, the string of declines since the March high also suggest that sources of growth may narrow, and the pace of growth could slow as well.” – Robert Hughes

“AIER’s Leading Indicators Index posted a sharp decline in August, falling to 58. Five consecutive pullbacks suggest that breadth of growth is likely to narrow in the future. Furthermore, resurging Covid is impacting consumers and threatening the outlook. Caution is warranted.” – Robert Hughes

“AIER’s Leading Indicators Index posted a fourth consecutive small decline in July, falling to 75. While the pullbacks suggest that breadth of growth could narrow in the future, the July result remains at a level consistent with continued economic expansion in coming months, but the threats to future growth may be growing.” – Robert Hughes