U.S. Economic News

March 18, 2021

U.S. Economic Indicators

Initial jobless claims increased 45,000 to 770,000 last week. The four-week moving average decreased 16,000 to 746,250. DOL Report

U.S. News

The Conference Board’s Leading Economic Index (“LEI”) rose 0.2% in February following a 0.5% increase in January. The broad-based improvement in the LEI in February suggests growth should continue well into this year, though some component measures related to manufacturing and residential housing showed signs of weakness. Conference Board Report