Offbeat indicators of economic health

We're inundated daily with government reports and other data on how the economy is doing.  But how much do they really tell us?

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VIDEO ON MSN MONEY

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MARKET UPDATE

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Market index data delayed by 15 minutes

[BRIEFING.COM] S&P futures vs fair value: +0.70. Nasdaq futures vs fair value: +10.50. U.S. equity futures hover near their pre-market highs amid upbeat action overseas. The S&P 500 futures trade less than a point above fair value.

Reviewing overnight developments:

  • Asian markets ended mixed. Japan's Nikkei -0.1%, China's Shanghai Composite +0.1%, and Hong Kong's Hang Seng +0.8% 
    • In economic data: 
      • Australia's CPI rose 0.5% ... More


Currencies

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