Wednesday, May 22 2013 10:20 AM EDT2013-05-22 14:20:48 GMT
Two WLOX viewers sent in pictures of this waterspout spotted Wednesday morning in the Mississippi Sound. According to Doppler Radar Imagery, the waterspout was offshore near Long Beach and Pass ChristianMore >>
Two WLOX viewers sent in a pictures of this waterspout spotted Wednesday morning in the Mississippi Sound.More >>
Monday, May 13 2013 12:24 PM EDT2013-05-13 16:24:04 GMT
MARION COUNTY, MS (WDAM) - A weekend-long drug raid left 22 individuals behind bars, and more arrests to come. According to Marion County Sheriff Berkley Hall, the drug raid is the result of severalMore >>
A weekend-long drug raid left 22 individuals behind bars, and more arrests to come.More >>
Wednesday, May 22 2013 7:56 PM EDT2013-05-22 23:56:01 GMT
(RNN) – Of the 24 killed in the EF-5 tornado that decimated Moore, OK, 10 are children - two of which are infants according to a release by the Oklahoma City Medical Examiner's Office. All the childrenMore >>
The last of the missing from Monday's massive tornado that tore through the town of Moore, OK, have been accounted for. More >>
Wednesday, May 22 2013 2:52 PM EDT2013-05-22 18:52:38 GMT
On Wednesday, Moss Point Police Chief Keith Davis announced he is reopening a 2006 cold case involving a double homicide. More >>
On Wednesday, Moss Point Police Chief Keith Davis announced he is reopening a 2006 cold case involving a double homicide. The victims, Brandon Taylor, 24, and Gary Riley, 26, were found shot to death in a Chevy Tahoe.More >>
Wednesday, May 22 2013 12:13 AM EDT2013-05-22 04:13:11 GMT
A British woman who claimed to have hit a cyclist while driving her car and then driving off tweeted about driving off and not caring much about it. But then the cops tweeted back.More >>
The first rule of Twitter - it's not smart to tweet about a crime. More >>
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SOURCE The Conference Board
NEW YORK, May 17, 2013 /PRNewswire/ --The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.6 percent in April to 95.0 (2004 = 100), following a 0.2 percent decline in March, and a 0.4 percent increase in February.
Says Ataman Ozyildirim, economist at The Conference Board: "After a slight decline in March, the U.S. LEI rebounded in April, led by housing permits and the interest rate spread. Labor market conditions also contributed, although consumers' outlook on the economy remains weak. In general, the LEI points to a continuing economic expansion with some upside potential. Meanwhile, the CEI, a measure of current conditions, has returned to a slow growth path, despite declining industrial production in April."
Says Ken Goldstein, economist at The Conference Board: "The index is 3.5 percent higher (annualized) than six months ago, suggesting expansion. However, the biggest risk right now is the adverse impact of cuts in federal spending. The biggest positive factor is the potential for improvement in the recovering housing and labor markets. The biggest unknown is the resiliency in confidence, both consumer and business."
The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.1 percent in April to 105.6 (2004 = 100), following a 0.2 percent increase in March, and a 0.5 percent increase in February.
The Conference Board Lagging Economic Index® (LAG) increased 0.1 percent in April to 118.4 (2004 = 100), following a 0.2 percent increase in March, and no change in February.
Summary Table of Composite Economic Indexes
Oct to Apr
n.a. Not available p Preliminary r Revised Indexes equal 100 in 2004 Source: The Conference Board
About The Conference Board Leading Economic Index® (LEI) for the U.S. The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle. The leading, coincident, and lagging economic indexes are essentially composite averages of several individual leading, coincident, or lagging indicators. They are constructed to summarize and reveal common turning point patterns in economic data in a clearer and more convincing manner than any individual component – primarily because they smooth out some of the volatility of individual components.
The ten components of The Conference Board Leading Economic Index® for the U.S. include:
Average weekly hours, manufacturing Average weekly initial claims for unemployment insurance Manufacturers' new orders, consumer goods and materials ISM Index of New Orders Manufacturers' new orders, nondefense capital goods excluding aircraft orders Building permits, new private housing units Stock prices, 500 common stocks Leading Credit Index™ Interest rate spread, 10-year Treasury bonds less federal funds Average consumer expectations for business conditions
About The Conference Board The Conference Board is a global, independent business membershipand research association working in the public interest. Our mission is unique: To provide the world's leading organizationswith the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org
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