In November, the Hull College of Business Augusta Leading Economic Index (LEI) increased 1.0% from October. The index has increased 4.7%% from November 2013. This represents nine consecutive months of growth. Housing continues to be a drag on the index, with declines in monthly residential permits in three of the last four months (after seasonal adjustment). This weakness in the housing market is also reflected in sales of homes: the average price of a home sold in December 2014 in Augusta was up just 2.5% from December 2013 while the median price fell 0.7% over the last year.

What does all this mean for 2015? Join Georgia Regents University and the Hull College of Business for our 7th Annual Economic Forecast Breakfast at 7:30am on January 28th in the JSAC center on the Summerville campus. RSVP to [email protected].