Six of the nine WSU Leading Index indicators showed improvement from September to October; yet, the overall Index value increased only 0.2 percent from month to month. The indicators showing the largest percentage increase were the value of residential and nonresidential building permits, 15.1 and 26 percent, respectively.
Year-to-year average data for the 12 months ending in October represented an 8.9 percent increase in the overall Index. A 7.3 Index point gain in The Conference Board’s national Leading Economic Indicators Index contributed to that year-to-year boost to the WSU Index.