Weekly Indicators: heaving a sigh of relief edition
By: New_Deal_democrat- by New Deal democratThe government shutdown prevented the reporting of housing permits and starts. Due to the missing data, the Conference Board did not report the Leading Indicators for September. The Empire Manufacturing index decelerated but was still positive, and the Philly Fed index accelerated and remained positive.Fortunately, none of the high frequency weekly indicators I report on were affected by the shutdown, except for the need to estimate YoY inflation for one series. Read more