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Business Conditions Index Update 7/18/18

The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the ADS business conditions index with information on industrial production for June 2018.

How do we use the Business Conditions Index? We first want to see conditions to be about 0 for the index. Extremes always get our attention. If conditions become good for too long, it would be alerting us to a possibility the economy is benefiting from factors that usually prove to be unsustainable. Those conditions in the index include:

  • Weekly initial jobless claims
  • Monthly payroll employment
  • Industrial production
  • Personal income less transfer payments
  • Manufacturing and trade sales
  • Quarterly real GDP

As you can see by the graph above, business conditions remain neutral.

 
Please check with your Curran Wealth relationship manager,
or contact Curran Wealth Management if you have any questions.
518.391.4200
info@curranllc.com


The information herein is considered to be obtained from reference sources deemed reliable, but no representation or warranty is made as to its accuracy or completeness. No one connected with CIM, LLC or CIMAS, LLC can ensure tax consequences of any transaction.