Positive Economic News Updates
1. The Leading Economic Index (LEI) for France increased in August by 0.90%. According to the Conference Board, the LEI for France has been on an upward trend since April 2009.
Out of 10 countries and the Euro area that are tracked by the Conference Board, all are showing positive LEIs for August except Korea. The U.S. LEI will be released tomorrow for September.
2. "Colorado's tax collections were higher than expected in September, continuing an overall trend of growth in tax collections for the year. Total year-to-date collections were 5.3 percent higher than collections through September a year earlier and 4.2 percent higher than forecast.