This publication has been discontinued and will no longer be updated.
 
Current Issue Past Issues Contact Info


  Click here to subscribe to our email notification list

   January 2008

Tables Graph Text File

Table 1
Arizona Index of Leading Economic Indicators
    Leading
Index  
Percent  
Change  
  2005 January 120.1   -0.08    
  February 120.2   0.08    
  March 120.4   0.17    
  April 119.7   -0.58    
  May 119.8   0.08    
  June 120.2   0.33    
  July 119.6   -0.50    
  August 119.4   -0.17    
  September 119.2   -0.17    
  October 120.2   0.84    
  November 120.5   0.25    
  December 120.7   0.17    
  2006 January 119.7   -0.83    
  February 119.7   0.00    
  March 119.9   0.17    
  April 119.9   0.00    
  May 119.1   -0.67    
  June 118.4   -0.59    
  July 118.5   0.08    
  August 119.1   0.51    
  September 119.3   0.17    
  October 119.5   0.17    
  November 119.9   0.33    
  December 119.0   -0.75    
  2007 January 119.8   0.67    
  February 120.8   0.83    
  March 120.6   -0.17    
  April 121.1   0.41    
  May 121.1   0.00    
  June 119.9   -0.99    
  July 121.2   1.08    
  August 121.3   0.08    
  September 120.6   -0.58    
  October 119.7   -0.75    
  November 119.2   -0.42    
  December 118.8   -0.34    
  2008 January 119.1   0.25    

Table 2
Net Contribution+ of Individual Components
to the Arizona Index of Leading Economic Indicators
  October November December January
Delivery Time* -0.06 -0.09 0.08 -0.01
Inventory Levels* -0.10 0.06 -0.02 -0.21
New Orders* -0.33 0.24 -0.09 0.09
Production* -0.12 0.20 -0.31 0.17
Employment* -0.08 0.03 -0.24 -0.05
Residential Building Permits 0.15 -0.35 -0.15 0.22
Average Workweek, Manufacturing -0.27 -0.21 0.21 -0.14
Money Supply -0.04 -0.38 0.08 0.18
Change in Sensitive Materials Prices 0.07 0.09 0.05 0.02
OVERALL INDEX -0.78 -0.41 -0.39 0.27

+The net contribution of each component is calculated by multiplying the monthly percent change in its index by its relative importance.

*Based on a survey of the Purchasing Management Association of Arizona, Purchasing Management Association of Southern Arizona and the Northern Arizona Group.