In February the Augusta Leading Economic Index remained unchanged from January. Large gains in housing permits (up 19%) were offset by fewer job openings. The index remains 0.6 percent higher than February 2018. The Labor Market Index increased 0.1...
The Labor Market Index increased 0.1 percent in January from December with only the unemployment rate moving in an adverse direction. The index is 0.8 percent In January the Augusta Leading Economic Index decreased 0.1 percent from December. The...
Most of the economic data for 2018 has been released by various government agencies (some is delayed due to the government shutdown) and it shows that the Augusta economy grew at a rate of 0.8% last year as measured by the Labor Market Index (LMI)...
The 3rd quarter economic data for the Augusta Metropolitan Statistical Area (MSA) is in and the Labor Market Index (LMI) decrease 0.1% over the last three months. The number of people employed locally has barely changed since February and currently...
In July the Augusta Leading Economic Index (LEI) decreased 0.4% from June. It is 0.7% lower than July 2017 – the first time it has shown a year on year decrease since October 2009. July often sees a jump in initial claims for unemployment insurance...
The Leading Economic Indicator (LEI) for the Augusta Metropolitan Statistical Area (MSA) decreased 0.3% in the second quarter of 2018. It is still up 0.4 % from June 2017. The components that saw declines were housing permits and real deposits in...
Economic Data Release by Simon Medcalfe, PhD, Associate Professor of Finance and Economics In April the Augusta Leading Economic Index (LEI) decreased 0.1% from March although it remains 1.0% higher than April 2017. In April residential housing...
On Friday May 4, the Bureau of Labor Statistics reported that the unemployment rate in the U.S. was 3.9%, the lowest since 2000. April represented the 91st consecutive month of job gains, the longest streak of increases on record. Augusta has also...
Economic Data Release by Simon Medcalfe, PhD, Associate Professor of Finance and Economics In January 2018, the Hull College of Business Leading Economic Index (LEI) for Augusta increased 0.4% from December 2017. The LEI has increased 1.0% from...
The final economic data for 2017 has just been released and it was a good year for Augusta. Employment levels reached record highs with 244,600 people employed in December. Record employment levels were also seen in education and health services...
Payton Prather
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