| We
Deliver Distribution News to Your Inbox Sign up below to receive MDM Update, your free weekly distribution news update by email. |
"The U.S. LEI has risen steadily for nearly a year, led by an improvement in financial markets and a manufacturing upturn," says Ataman Ozyildirim, an economist at The Conference Board. "Consumer expectations and housing permits have also contributed to these gains over this period, but to a lesser extent – especially in recent months."
Five of the ten indicators that make up the LEI for the U.S. increased in January. The Conference Board LEI now stands at 107.4 (2004=100).
The six-month change in the index has continued to moderate – to 4.8 percent (a 9.8 percent annual rate), down from 6.2 percent (about a 12.8 percent annual rate) in the six-month period through September 2009. However, the strengths among the leading indicators have remained widespread in recent months.
The Coincident Economic Index stands at 100.1 (2004=100), with gains in industrial production more than offsetting the small decrease in employment. Between July 2009 and January 2010, the CEI rose 0.6 percent (a 1.2 percent annual rate), a reversal from the decline of 2.4 percent (a -4.7 percent annual rate) during the previous six months.
In January, the lagging economic index continued to decrease, now standing at 108.0. With the coincident economic index rising slightly, the coincident-to-lagging ratio increased further. Meanwhile, real GDP expanded at a 5.7 percent annual rate in the fourth quarter of 2009, following an increase of 2.2 percent annual rate in the third quarter.
![]() |
Download
the Top 40 Industrial List -FREE |
| View the Top Distributors in 12 Sectors: | |
| 2011 Distribution Landscape Report: Access Now | |
Join MDM's Independent Distributor
Network
Follow MDM on Twitter
Critical Profit Driversin Distribution Al Bates, Profit Planning Group, speaks frankly about the most important factors to driving profit. Watch now. iPad users: click here to view. |
Economic Update:Behind the Moderation MAPI Economist Cliff Waldman discusses some of the factors behind the slowing economic recovery. Watch now. |
7 Minutes With ...Bell Electrical Supply CEO Burt Schraga discusses the importance of building a strong culture in his organization. Watch now. |
More Audio and Video Features from MDM: |
Think About It: |
|
Training Resources
| Title | Company | Location |
|---|---|---|
| Digital Strategy Manager | Border States Electric | Fargo North Dakota |
| Risk Manager | Border States Electric | Fargo ND |
| Purchasing Manager | PCA SKIN | Scottsdale, AZ |
| BUSINESS DEVELOPMENT MANAGER | Graybar Electric Company | Denver, CO |
| INDUSTRIAL OUTSIDE SALES REPRESENTATIVE | Graybar Electric Company | Phoenix, AZ |
| General Manager | Applied Industrial Technologies | Norfolk, VA |
| Rubber Specialist | Applied Industrial Technologies | Baltimore, MD |
| View ALL Wholesale Distribution Job Listings |
|
|
Leave a Comment