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We have still got the same story with the leading indicators.
We look at a number of leading indicators that power spending growth.
Most economists say the leading indicators are of limited use.
"That could be a good leading indicator of where the industry is heading," he said.
Finally, because investors are supposed to look forward, the stock market should be a leading indicator of where the economy is going.
I am a great believer in interest rates as the economy's leading indicator.
"I would be watching that number as a leading indicator.
The index of leading indicators dropped 0.2 percent in June.
All three statistics are leading indicators of how the economy will perform in the future.
"The drug pipeline is a leading indicator of changes in growth rates," he said.
Also yesterday, the Government said the index of leading indicators rose for the first time in six months.
Another leading indicator, growth in the nation's money supply, has accelerated over the last few weeks.
That's why economists say the housing industry is a leading indicator for the rest of the economy.
Some analysts took hope from those numbers because they consider sales of men's wear a leading indicator.
Permits were up, but I don't think they are great leading indicators."
But a report today on home sales offered something of a counterpoint to the leading indicators.
A. Utility stocks can often be a leading indicator of where the bond market will go.
European industrial confidence, an important leading indicator, has declined for the last several months.
"Commodity prices tend to be a leading indicator," he said.
Heavy-equipment spending is often a leading indicator of economic activity.
However, economists don't look at gas prices as a leading indicator of inflation.
The semiconductor industry's leading indicator was flat in April, a trade group reported today.
"It's a consequence rather than a leading indicator," he said.
The leading indicators jumped 0.9 percent in January after two straight declines.
Tomorrow reports are due on the leading indicators for March and factory orders.