Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
Inflation Gauge Dropped 0.8 Points In September
NEW YORK (10/7/13)--A key measure of future inflation dropped 0.8 points in September--a decline consistent with predictions about modest economic growth.

The New York City-based Economic Cycle Research Institute (ECRI) Future Inflation Gauge fell to 100 in September, down 4.9 points from the 104.9 average between January and May (Moody's Economy.com Oct. 4).

The metric has a reliable history of predicting inflation three to four quarters in advance.

The ECRI measure of future economic growth in the U.S., the Weekly Leading Index, also declined this week to a four-week low, falling from 132.9 to 132.1 (Reuters Oct. 4).


RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
17 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
18 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
20 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
22 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
22 hours ago