Economy

Ghost Dog

(16,881 posts)

96. Dec. Leading Indicators:

Thu Jan 26, 2012, 02:24 PM

Jan 2012

Dec. Leading Indicators: Leading Index +0.4% vs. +0.7% expected, 0.5% prior. Coincident Index +0.3% vs. +0.1% prior. Lagging Index +0.3% vs. +0.4% prior.

Conventional Wisdumb Comments (1382)

Another major Data-set revision downwards - this is why the cynics like me have a hard time accepting the governments stats...

... August was originally report as 0.3% and the new measure was -0.7%. The LEI under the revised measurement went NEGATIVE in August and September (-0.7% and -0.6%) which explains why ECRI made its call.

/... http://seekingalpha.com/currents/post/112143

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