THE BASIS POINT

Leading Indicators Flat.

Leading Indicators (October 2016)

– Leading Indicators month/month +0.1%. Previous was +0.2%.

This is an indicator derived for 10 weighted factors which are supposed to give a gauge of economic activity over the next 3-6 months.

It is worth noting that some of the components sich as equity prices have been strong since the start of November and, unless things unravel, we should see a stronger report next month.