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Are the LEI Right?

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Real Income Higher

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RPI Continues to Rise

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Still Rising…..

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Consumer Delinquency Rate Remains Below Prior Economic Growth Periods

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Pessimism Has a Hair-Trigger, Optimism Not So Much

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Pessimism Continues to Fall

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It’s All About Employment

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Energy Still Ignored Despite Gains

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Employment Muddles Along

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Yield Curve Remains Bullish

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Retail Sales and Truck Tonnage Stay on Trend

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TSA Travel Nearly at Pre-Pandemic Trend

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It Really Is As Simple As Employment