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US – Dec Leading Index
24/01/2020 10:40 am MYT
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The US leading economic index declined 0.3% in Dec. Meanwhile, over the second half of 2019, the leading economic index fell 0.4%, a reversal from its growth of 0.5% over the first half of 2019. The weaknesses among the leading indicators are slightly more widespread than the strengths.

Positive contributors in Dec – beginning with the largest – were stock prices, the Leading Credit Index, average consumer expectations for business conditions, interest rate spread and manufacturers’ new orders for consumer goods and materials. The negative contributors were initial claims, the ISM New Orders Index and building permits. Manufacturers’ new orders for nondefence capital goods excluding aircraft and average weekly manufacturing hours held steady in Dec.

Overall, the leading economic index suggests that economic growth in 2020 will be moderate.

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Note from Publisher
Despite being a multi-racial, multi-cultural, and multi-religious society, Malaysia has largely been a peaceful country. This is a great achievement in light of a world that is being ravaged by multiple conflicts. Unfortunately, certain individuals and groups have hated this precious social fabric of the country and are making every effort to tear it apart. People say “you never know what you have until you lose it”. We really hope these selfish and irresponsible people will come to their senses before it is too late.

Nevertheless, it is heartening to see that the Malaysian media and civil society organisations have collectively launched a campaign called “Maaf Zahir Batin Hari Hari” or known as #MZB365 to help heal a dividing Malaysia. Carrying the meaning of “please forgive my wrongs, both thoughts and deeds”, the campaign will run for one whole year. This initiative could not have come at a better time. We believe the majority of Malaysians still treasure the country’s unique social fabric. With #MZB365, hopefully the silent majority can have a bigger voice to counter the destructive noises of the divisive minority.
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