Conference Board Leading Economic Index

American Eagle Outfitters Announces Fourth Quarter Revenue and Profit Tracking at the High End of Guidance

Retrieved on: 
Monday, January 9, 2023
Fashion, Retail, Quiet Logistics, Conference Board Leading Economic Index, NYSE, American Eagle Outfitters, Eagle, Aerie, American Eagle, AEO, Video game

American Eagle Outfitters, Inc. (NYSE:AEO) today announced that fourth quarter-to-date brand revenue, through Saturday, January 7, 2023, is down approximately 3%, on the higher end of our expectations, with American Eagle tracking slightly ahead and Aerie in line with expectations.

Key Points: 
  • American Eagle Outfitters, Inc. (NYSE:AEO) today announced that fourth quarter-to-date brand revenue, through Saturday, January 7, 2023, is down approximately 3%, on the higher end of our expectations, with American Eagle tracking slightly ahead and Aerie in line with expectations.
  • Quiet Logistics is expected to add 2 percentage points to fourth quarter brand revenue.
  • Gross margins are now expected to be on the high end of the company’s guidance of 32-33%, reflecting controlled promotions fueled by strong inventory management.
  • Current inventory is well-positioned with quarter-end inventories expected to be down compared to last year, in-line with prior guidance.

US Consumer Confidence Bounced Back in December

Retrieved on: 
Wednesday, December 21, 2022
Conference Board Leading Economic Index, Index, Consumer confidence, The Conference Board, Consumer, Multimedia, Expectation, Conference, Online shopping, Video game

NEW YORK, Dec. 21, 2022 /PRNewswire/ -- The Conference Board Consumer Confidence Index® increased in December following back-to-back monthly declines.

Key Points: 
  • NEW YORK, Dec. 21, 2022 /PRNewswire/ -- The Conference Board Consumer Confidence Index® increased in December following back-to-back monthly declines.
  • The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—improved to 82.4 from 76.7.
  • "Consumer confidence bounced back in December, reversing consecutive declines in October and November to reach its highest level since April 2022," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.
  • The Conference Board publishes the Consumer Confidence Index® at 10 a.m.

Economy Expected to End 2022 on Positive Note Ahead of Modest Recession in New Year

Retrieved on: 
Monday, December 19, 2022
Conference, Fannie Mae, Federal Reserve, Bibliography of Fannie Mae and Freddie Mac, Treasury, Housing, Weakness, GDP, Consumer, ESR, Economic Outlook, Atmosphere, Projection, OTCQB, Growth, The Conference Board, Federal, Senior, Conference Board Leading Economic Index, Gross domestic product, Economy, Real estate, Management

WASHINGTON, Dec. 19, 2022 /PRNewswire/ -- Following an upward revision to third quarter 2022 real gross domestic product (GDP) and stronger-than-expected incoming personal consumption data to begin the fourth quarter, the economy is now expected to eke out positive growth of 0.4 percent in 2022 before entering a modest recession in the new year, according to the December 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group views the current rate of personal consumption growth as unsustainable given the combination of a low personal saving rate and an elevated ratio of consumer debt to personal disposable income. With many cyclical indicators continuing to point toward economic contraction, including an inverted yield curve, the ESR groups forecasts 2023 GDP growth to be negative 0.5 percent, an improvement from last month's forecast of negative 0.6 percent; the ESR Group then expects the economy to begin expanding again at a 2.2 percent annual growth rate in 2024. Inflation, as measured by the Consumer Price Index, decelerated again in November, and the ESR Group expects the Federal Reserve to closely monitor historically stickier wage growth metrics to help determine how long it should continue its restrictive monetary policy regimen. With a recession predicted beginning in the first quarter of 2023, the ESR Group notes as plausible a scenario in which the Federal Reserve begins once again cutting the federal funds rate in mid-2023.

Key Points: 
  • The ESR Group modestly revised upward its total single-family home sales projections for 2022 and 2023 to 5.72 million and 4.57 million units, respectively, due to the recent significant pullback in mortgage rates.
  • To receive e-mail updates with other housing market research from Fannie Mae's Economic & Strategic Research Group, please click here .
  • Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America.
  • We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible.

The Conference Board Leading Economic Index® (LEI) for the U.S. Declined in October

Retrieved on: 
Friday, November 18, 2022
CEI, Conference Board Leading Economic Index, Interest, Multimedia, The Conference Board, Conference, LEI, Chronology, Treasury, Insurance

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.

Key Points: 
  • 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 indexes are constructed to summarize and reveal common turning pointsin the economyin a clearer and more convincing manner than any individual component.
  • The LEI is a predictive variable that anticipates (or "leads") turning points in the business cycle by around 7 months.
  • The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead.

The Conference Board Leading Economic Index® (LEI) for the U.S. Declined in September

Retrieved on: 
Thursday, October 20, 2022
CEI, The Conference Board, Conference Board Leading Economic Index, LEI, Interest, Chronology, Treasury, Conference, Multimedia, Insurance

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.

Key Points: 
  • 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 indexes are constructed to summarize and reveal common turning pointsin the economyin a clearer and more convincing manner than any individual component.
  • The LEI is a predictive variable that anticipates (or "leads") turning points in the business cycle by around 7 months.
  • The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead.

The Conference Board Leading Economic Index® (LEI) for the U.S. Declines Further in August

Retrieved on: 
Thursday, September 22, 2022
Economics, LAG, LEI, Workforce, Conference, Federal Reserve, Growth, The Conference Board, CEI, Federal Reserve Bank of Philadelphia, Conference Board Leading Economic Index, Renewable energy, Potash

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The Conference Board Leading Economic Index (LEI)for theU.S.

Key Points: 
  • NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The Conference Board Leading Economic Index (LEI)for theU.S.
  • "The US LEI declined for a sixth consecutive month potentially signaling a recession," Ataman Ozyildirim, Senior Director, Economics, at The Conference Board.
  • The Conference Board Coincident Economic Index (CEI) for the U.S. increased by 0.1 percent in August 2022 to 108.7 (2016=100), after increasing by 0.5 percent in July.
  • The Conference Board Lagging Economic Index (LAG) for the U.S. increased by 0.7 percent in August 2022 to 115.4
    (2016 = 100), following a 0.4 percent increase in July.

The Conference Board Leading Economic Index® (LEI) for the U.S. Fell Further in July

Retrieved on: 
Thursday, August 18, 2022
Multimedia, The Conference Board, Interest, Conference, Treasury, Conference Board Leading Economic Index, LEI, CEI, Chronology, Insurance

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.

Key Points: 
  • 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 indexes are constructed to summarize and reveal common turning pointsin the economyin a clearer and more convincing manner than any individual component.
  • The LEI is a predictive variable that anticipates (or "leads") turning points in the business cycle by around 7 months.
  • The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead.

The Conference Board Leading Economic Index® (LEI) for the U.S. Fell Further in June

Retrieved on: 
Thursday, July 21, 2022
Conference Board Leading Economic Index, LEI, YOY, LAG, Conference, The Conference Board, Growth, Economy, National Bureau of Economic Research, Real, CEI, Renewable energy, Tourism

NEW YORK, July 21, 2022 /PRNewswire/ -- The Conference Board Leading Economic Index (LEI)for theU.S.

Key Points: 
  • NEW YORK, July 21, 2022 /PRNewswire/ -- The Conference Board Leading Economic Index (LEI)for theU.S.
  • "Amid high inflation and rapidly tightening monetary policy, The Conference Board expects economic growth will continue to cool throughout 2022.
  • The Conference Board Coincident Economic Index (CEI) for the U.S. increased by 0.2 percent in June 2022 to 108.6 (2016=100), after increasing by 0.2 percent in May.
  • The Conference Board Lagging Economic Index (LAG) for the U.S. increased by 0.8 percent in June 2022 to 113.9
    (2016 = 100), following a 0.8 percent increase in May.

The Conference Board Leading Economic Index® (LEI) for the U.S. Fell Again in May

Retrieved on: 
Friday, June 17, 2022
Conference Board Leading Economic Index, Multimedia, Chronology, The Conference Board, Conference, CEI, LEI, Treasury, Interest, Insurance

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.

Key Points: 
  • 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 indexes are constructed to summarize and reveal common turning pointsin the economyin a clearer and more convincing manner than any individual component.
  • The LEI is a predictive variable that anticipates (or "leads") turning points in the business cycle by around 7 months.
  • The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead.

The Conference Board Leading Economic Index® (LEI) for the U.S. Fell in April

Retrieved on: 
Thursday, May 19, 2022
Chronology, Treasury, Multimedia, LEI, Interest, The Conference Board, CEI, Conference, Conference Board Leading Economic Index, Insurance

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.

Key Points: 
  • 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 indexes are constructed to summarize and reveal common turning pointsin the economyin a clearer and more convincing manner than any individual component.
  • The LEI is a predictive variable that anticipates (or "leads") turning points in the business cycle by around 7 months.
  • The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead.