NHBR/e-forecasting economic index dips in May

But six-month growth rate stands at 3.2%
NH Business Review Staff,

The NHBR/e-forecasting.com NH Leading Economic Indicator fell in May to a reading of 129.6, down 0.5 points from April.

The composite New Hampshire index of state leading indicators, which is produced jointly by e-forecasting.com and NHBR, had increased 0.2 percent in April after rising 0.1 percent in March.

However, seven of the eight components that make up New Hampshire's Leading Indicator had a positive contribution in May: unemployment claims, building permits, exports, consumer expectations (regional), stock prices (national), interest rate spread, and technology index (national).

Only one of the eight components had a negative contribution to New Hampshire's Leading Indicator in May: weekly hours in manufacturing.

But looking at its six-month growth rate, the NHBR/e-forecsating.com Leading Economic Indicator’s six-month growth rate recorded a reading of 3.2 percent in May, an improvement from April rate of 3.2 percent.

Categories: News

More news from NHBR:

Manch Revaluation Chart
Government, Real Estate & Construction

Manchester property values jump nearly 50%

The value of all property in Manchester increased by almost half — 48% ‑ over the past five years, according to preliminary data released by city officials on Oct. 13 The valuations, compiled due to a citywide revaluation, add up to $23.09 billion. The current value of city properties is $15.56 billion, which was based on assessments made during the city's last revaluation.