Friday 29 May 2015

Updating the long leading indicators with Q1 corporate profits

With this morning's revised first quarter GDP, all 3 forward-looking components of that data have been released.

In the preliminary report, real private residential investment was reported to have increased to a new post-recession high.  That was confirmed this morning, and is consistent with the new highs in housing permits and starts that we saw in April, after February permits tied the previous November high.



from RSS Feed http://ift.tt/1SGK1Cf
via IFTTT

No comments:

Post a Comment