Leading indicators identified with Indicio
Forecasted variable: United States, New Home Sales, Total, AR, SA
| Indicator | Relevance |
|---|---|
| United States, Construction Spending, Total, Current Prices, AR, SA, USD | ★★★★ |
| Consumer Price Index for All Urban Consumers: All Items in U.S. City Average, SA | ★★★ |
| CBOE Volatility Index: VIX | ★★ |
| New Privately-Owned Housing Units Started: Single-Family Units, SAAR | ★ |
| United States, Building Permits, Total | ★ |
| United States, New Home Sales, For Sale at the End of Period, Total | ★ |
| Google trends: House price index, US | ★ |
| United States, New Home Sales, Total | ★ |
| New Privately-Owned Housing Units Under Construction: Total Units, SA | ★ |
| New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Total Units, SAAR | ★ |
| United States, Building Permits, Total, AR, SA | ★ |
| Monthly Supply of New Houses in the United States, SA | ★ |
| United States, Pending Home Sales, United States, AR, SA, Index | ★ |
| NASDAQ Composite Index | ★ |
| United States, Business Surveys, National Association of Home Builders, National Association of Home Builders / Wells Fargo | ★ |
| United States, Investment Account, Change in Private Inventories, Overall, Total, Constant Prices, AR, SA, USD, 2012 Chained Pr | ★ |
| United States, Existing-Home Sales, Single-Family and Condos, Total, AR, SA | ★ |
| Google trends: house for sale, US | ★ |
| United States, Housing Starts, Total, AR, SA | ★ |
Indicio captures the group effect of the leading indicators; the relevance ranking of each indicator changes over time.
Top indicators identified
United States, Construction Spending, Total, Current Prices, AR, SA, USD
Total construction spending in current US dollars, seasonally adjusted and expressed as an annual rate.
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average, SA
A seasonally adjusted measure of the average change in prices, used to gauge inflation and the cost of living.
CBOE Volatility Index: VIX
A real-time index of expected stock market volatility over the next 30 days, based on S&P 500 options. Often called the "fear gauge", it reflects investor sentiment.
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- US Non-Farm Payrolls
- Economic sentiment indicator
- US Inflation
- GDP Germany
- US PMI
- EA Inflation
- US New Home Sales
