
Simon Says: Signs Augusta’s Economy is Weakening
4 of the 5 key indicators of the CSRA’s economy are not where they should be. Hence, the Augusta Leading Economic Index (LEI) fell 0.6 percent in July from June. It remains 0.3 percent higher than July 2024. Of the five components in the LEI, only the Dow Jones Industrial Average improved. The two indicators of future labor market vitality declined. Initial claims for unemployment insurance increased by 20 percent, and job openings fell by 4.3 percent. We have already seen a weakening of the local labor market in recent