RecessionAlert Weekly Leading Economic Index

Published on September 23, 2024

The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of September 13, the index was at 23.029, up 0.875 from the previous week, with 4 of the 6 components in expansion territory.

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US Department of Labor awards more than $7.4 million to continue disaster recovery after California’s severe winter storms in 2023

September 23, 2024
WASHINGTON – The U.S. Department of Labor today announced the award of more than $7.4 million to support continued disaster-relief employment and workforce training for California residents affected by severe winter storms that occurred in late 2022 and early 2023. On April 13, 2023, the department announced a National Dislocated Worker Grant of up to $22 million – with an initial award of $7.4 mi

Surge in Defense Funding Puts European Stocks in the Spotlight

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