Colorado business index rebounds

A monthly index tracking business conditions in Colorado has rebounded to its highest level in nearly a year on continued growth in the energy sector and exports. The Business Conditions Index jumped more than nine points in May to 62.9. That’s the highest reading since the index stood at 68.4 in June 2010. The index […]

Colorado small business index retreats

A monthly index tracking conditions for small businesses in Colorado has retreated even as job growth in the state slows. Low financing costs are likely to continue, though, and benefit Colorado businesses, said Jeff Thredgold, an economist who calculates the Vectra Bank Colorado Small Business Index (SBI). “Despite high levels of political uncertainty, European politics […]

Index: consumers shaken, not stirred

An up and down measure of consumer confidence is down again on more pessimistic assessments of present and future business and labor conditions. The Conference Board reported that its Consumer Confidence Index (CCI) dropped more than five points in May to 60.8. The index has seesawed between gains and losses since February, but now stands […]

Leading index dips in April, but forecasts growth

A monthly index forecasting economic conditions in the United States has dipped, but signals continued growth. The Conference Board reported that its Leading Economic Indicator (LEI) fell three-tenths of a percent to 114 in April. The monthly decrease is only the second, however, since March 2009. Separate measures of current and past economic performance increased […]

Consumer Confidence Index rises to three-year high

A monthly measure of consumer confidence has climbed to its highest level in three years on more optimistic expectations for business and labor conditions. The Conference Board reported that its Consumer Confidence Index (CCI) rose 5.6 points in February to 70.4. The index now stands at its highest level since hitting 76.4 in February 2008. […]

Labor index signals accelerating job growth

A monthly index tracking labor trends has advanced for a fourth straight month, signalling accelerating job growth. The Conference Board reported that its Employment Trends Index (ETI) rose two-tenths to 100.5. The index has climbed 7 percent over the last year. “We expect larger numbers of jobs to be added back into the economy in […]

U.S. jobless rate retreats, but payroll gains modest

The U.S. unemployment rate has dropped again, but payroll gains remain modest. According to the latest Labor Department estimates, the national jobless rate dropped four-tenths to 9 percent in January, but nonfarm payrolls grew only 36,000. While the unemployment rate has retreated eight-tenths of a percent since hitting 9.8 percent in November, the decrease is […]

Small business optimism index advances

A monthly measure of optimism among small business owners advanced in January, but owners remain less than upbeat in their plans to spend money on capital projects and hire employees. The National Federation of Independent Business reported that its Index of Small Business Optimism rose 1.5 points to 94.1. The index is based on the […]

New year heralds jump in consumer confidence

A new year has brought a renewed sense of confidence among consumers, in turn bolstering hope for a more robust economic recovery. The Conference Board reported that its Consumer Confidence Index (CCI) rose more than seven points in January to 60.6. That’s the highest level since the index hit 62.7 in May 2010. Measures of […]

CEO confidence surges in fourth-quarter survey

Business executives are far more optimistic about the economy in general and their industries in specific, according to the latest results of a quarterly survey. The Conference Board reported that its Measure of CEO Confidence jumped 12 points to 62 for the fourth quarter of 2010. A reading above 50 reflects more positive than negative […]