From second to third quarter the WSU Leading Index grew 0.9 percent. From third quarter 2010, it grew 9.6 percent. The Index indicators showing the largest percentage growth from second to third quarter were the inflation-adjusted value of Wichita’s nonresidential building permits and the national inflation-adjusted value of new orders for aircraft and parts. Six indicators negatively impacted the Index. They included a 10.9 percent increase in Kansas initial unemployment claims, a 13.7 percent decline in the real value of Wichita’s residential building permits, and an 11.8 percentage point decline in the national Index of Consumer Confidence.
Growth Characterizes the WSU Leading Economic Indicators Index
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