• The leading indicators consist of the following economic indicators:
• Average workweek of production workers in manufacturing
• Average weekly claims for state unemployment
• New orders for consumer goods and materials (adjusted for inflation)
• Vendor performance (companies receiving slower deliveries from suppliers)
• Contracts and orders for plant and equipment (adjusted for inflation)
• New building permits issued
• Change in manufacturers' unfilled orders, durable goods
• Change in sensitive materials prices
Personal income
is the income received by individuals, nonprofit institutions, and private trust
funds. Components of this indicator include wages and salaries, rental income, dividends, interest
earnings, and transfer payments (Social Security, state unemployment insurance, and veterans'
benefits). The wages and salaries reflect the underlying economic conditions. This indicator is
vital for the sales sector. Without an adequate personal income and a propensity to purchase,
consumer purchases of durable and nondurable goods are limited. For FX traders, personal
income is not significant.