
Simon Says: CSRA economy dips in April
There is a lot of uncertainty and volatility in the economy at the moment, and that can also be seen in the local data. The Augusta Leading Economics Index (LEI) fell 3.8 percent in April from March, but increased 0.6 percent on a three-month moving average. It is 1.3 percent higher than a year ago (0.9 percent using the moving average). Looking at only changes from March, all five components of the LEI deteriorated in April. Residential construction permits returned to more normal levels after March’s bumper month. Initial claims