Pacific Shipping Rates Surge To Record Highs -- Now 183% Higher Than 2009
Posted by admin / Under Indicator LampPacific Shipping Rates Surge To Record Highs -- Now 183% Higher Than 2009 Vincent Fernando, CFA Jun. 21, 2010, 9:38 AM Pacific shipping rates tracked by research firm Drewry (Their Trans-Pacific Charter Rate Benchmark) spiked 18.9% in just the last week, hitting a record high for Drewry's five-year old index. A 40-foot container from Hong Kong to Los Angeles cost $2,607 to ship as of June 14th, which is markedly higher than $2,193 just a week before. JOC: The apparent jump in spot pricing comes as demand on trans-Pacific lanes remains strong even as space on vessels remains tight and...
The Conference Board Help-Wanted Advertising Index Declines (Leading Indicator)
Posted by admin / Under Indicator LampHelp-Wanted Advertising Index The Conference Board Help-Wanted Advertising Index Declines April 24, 2008 The Conference Board Help-Wanted Advertising Index declined two points in March. The Index now stands at 19, down from 29 a year ago. The Conference Board is the global business research and membership organization. In the last three months, help-wanted advertising declined in all nine U.S. regions. Steepest declines occurred in the East North Central (-20.3%), West North Central (-18.1%) and East South Central (-16.7%) regions. Says Ken Goldstein, Labor Economist at The Conference Board: "Print want-ad volume has shown a slightly declining trend over the past...
Dow slumps triple digits as Treasury yield curve inverts (recession indicator)
Posted by admin / Under Indicator LampDow slumps triple digits as Treasury yield curve inverts ($INDU, $COMPQ, $SPX, $TNX) by Tomi Kilgore NEW YORK (MarketWatch) -- U.S. stocks closed sharply and broadly lower, with the Dow industrials suffering its first triple-digit loss in 2 months, as the Treasury yield curve inverted for the first time in five years, sparking fears of a possible recession. The Dow ($INDU) slumped 105 points to an unofficial close of 10,778, its lowest close in 2 weeks and the biggest one-day point loss since Oct. 27. The Nasdaq Composite ($COMPQ) shed 22 points to 2,227 and the S&P 500 ($SPX) slid...
Election hopes spark health stock rally (Best real time indicator I've seen TODAY!)
Posted by admin / Under Indicator LampElection hopes spark health stock rally By Laura Gilcrest, CBS MarketWatch Last Update: 12:44 PM ET Nov. 2, 2004 WASHINGTON (CBS.MW) -- An Election Day health-sector rally Tuesday could be tied to hopes that a perceived "market-friendly" President Bush will keep his job, plus renewed investor optimism over some key health-care firms. Shares in a multitude of companies among health insurers and pharmaceutical distributors were up several percentage points in morning trading, a few hours after polling sites opened. The most prominent example was drug distribution giant AmerisourceBergen (ABC: news, chart, profile), which rose $1.40 to $56 in early trading,...
CA: Indicators signal weak tech rebound
Posted by admin / Under Indicator Lamp<p>After an excruciating two-year bust, a technology recovery finally seems to be under way, but it's weak and hardly what Silicon Valley observers have hoped for.</p><p>Sales among the largest 150 companies in Silicon Valley rose a modest 3.6 percent between the summer quarter and the fall quarter last year, particularly in computers, software and biotech. Early reports show sales continued to rise slowly through the end of the year, suggesting the technology sector probably hit bottom in the summer of 2002.</p>
Recession fears fade on strong indicators
Posted by admin / Under Indicator LampThe economy appears to be emerging from its late-summer funk, easing concerns about a possible double-dip recession. In a pre-Thanksgiving blizzard of reports, the government said yesterday that new claims for unemployment benefits fell to a 21-month low last week. Consumer spending in October shot up at the fastest clip in three months, and orders to U.S. factories for big-ticket durable goods increased for the first time in three months. Article
Leading indicators rise 1.2 percent in December, third consecutive gain
Posted by admin / Under Indicator Lamp<p>NEW YORK (AP) -- A key gauge of U.S. economic activity rose a strong 1.2 percent in December, and the third consecutive monthly gain signaled that the nation's economy could be nearing a rebound.</p><p>The New York-based Conference Board said Tuesday that the December gain in its Index of Leading Economic Indicators was the largest since February 1996 and followed a revised rise of 0.8 percent in November and 0.1 percent in October.</p>
Nov. Leading Indicators Up Second Straight Month
Posted by admin / Under Indicator LampWASHINGTON (Reuters) - A key forecasting gauge for the U.S. economy rose for a second straight month in November, signaling a possible economic recovery in the first half of 2002, a private research firm said on Wednesday. The Conference Board reported that the U.S. index of leading economic indicators rose 0.5 percent in November -- the largest rise since a 0.6 percent increase in May -- after a 0.1 percent gain the previous month. The November rise was slightly above the expectations of Wall Street economists who had forecast a gain of 0.4 percent. The leading economic index has risen ...




