SPY - AIER Leading Indicators Index Hits Highest Level Since 2018
- AIER's Leading Indicators Index posted another gain in March, hitting the highest level since June 2018.
- Overall consumer sentiment increased to 84.9 in March, up from 76.8 in February, a 10.5 percent rise and the highest since a reading of 89.1 in March 2020.
- Sales of light vehicles totaled 17.7 million at an annual rate in March, well above the 15.8 million pace in February and the fastest pace since October 2017.
- Household net worth rose to $130.155 trillion, up 5.6 percent from the previous record of $123.229 trillion in the third quarter, and 10.1 percent from $118.220 trillion at the end of 2019.
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AIER Leading Indicators Index Hits Highest Level Since 2018