A very useful snapshot of the health of the U.S. economy with a tight focus on the U.S. consumer, which is the driving force behind 70% of the U.S. economy's activity.
Consumer Metrics Institute: Home of Daily Consumer Leading Indicators... Bringing the measurements of critical economic activities into the twenty-first century by mining tracking data for an understanding of what American consumers were doing yesterday.
Notes:We feel that investors deserve information that is upstream economically, has daily resolution, isn't noisy or frequently revised, and is measuring what Consumers are actually doing in the current century. As one example of the net result of the above differences, the BEA's (U.S. Department of Commerce - Bureau of Economic Analysis) measurement of the 4th Quarter 2009 U.S. GDP lagged our trailing 'quarter' Growth Index by about 17 weeks...
(1) The Consumer Metrics Institute's 91-day 'Trailing Quarter' Growth Index -vs- U.S. Department of Commerce's Quarterly GDP Growth Rates over past 4 years.
The quarterly GDP growth rates are shown as 3-month plateaus in the graph. The Consumer Metrics Institute's Growth Index is plotted as a monthly average.
(2) The daily values for the Consumer Metrics Institute's 91-day 'Trailing Quarter' Growth Index over the past 60 days.