Read the highlights of this week's commentary from Helios:
Industrial production expanded by 0.4% in September, reversing the 0.07% decline in August and then some. Growing industrial production and manufacturing should help, at least at the margins, slow down upward pricing pressures on goods and, hopefully, continue the recent trend of goods inflation to remain subdued.
Existing home sales declined 1.5% in September, making it the longest stretch of declines since 2007.
The Conference Board’s US Leading Index fell by 0.4% in September, following August’s flat reading. Positive contributors included jobless claims and building permits, while detractors continued to include consumer expectations and new orders.
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