11/27: MetroIntelligence Economic Update by P. DUFFY

November private sector output index dips to 54.4, but still well in positive territory 

The IHS Markit Flash U.S. Composite PMI Output Index registered 54.4 in November, down from 54.9 in October but still well above the 50.0 no-change threshold.



October National Activity Index shows stronger economy from September

The Chicago Fed National Activity Index (CFNAI) was +0.24 in October, up from +0.14 in September.



October Leading Economic Index up slightly, but pace of improvement slower

The US Leading Economic Index (LEI) increased slightly in October, but the pace of improvement slowed for the first time since May. Although the index still points to robust economic growth in early 2019, the rapid pace of growth noted for much of 2018 may already have peaked.