The leading economic indicator for December was 50, up from 41.7 in November.
But a report today on home sales offered something of a counterpoint to the leading indicators.
The leading indicators rose 1.3 percent, in their biggest jump in 20 years, the Government said.
The leading indicators' index rose two-tenths of 1 percent in April.
Permits were up, but I don't think they are great leading indicators.
The leading indicators jumped 0.9 percent in January after two straight declines.
It may as well be a leading economic indicator though.
The Japanese stock market, which should be a leading economic indicator, does not reflect those signs.
"March's leading indicators present a clear warning sign of an economic nose dive," he said.
Among those signs, he said, has been the performance of the stock market, the best leading indicator of the economy.