SPMO - Business Conditions Monthly December 2023

2024-02-21 12:55:00 ET

Summary

• In December 2023, the AIER Business Conditions Monthly indices again emphasized the unpredictable nature of economic data in the post-COVID-19 period.
• From November 2023 to December 2023, seven of the twelve leading indicators rose, four declined, and one was neutral.
• All six of the lagging indicators declined for the first time since November 2020 between November and December 2023.

By Peter C. Earle

In December 2023, the AIER Business Conditions Monthly indices again emphasized the unpredictable nature of economic data in the post-COVID-19 period. The Leading Indicator fell slightly from November 2023’s 67 to 63, while the Roughly Coincident Indicator remained at 75 from the previous month. The Lagging Indicator, however, plummeted to zero for the first time since late 2020....

For further details see: