Private Sector Indicator
Local Inventory Stress Index
(LISI)
LISI measures the accumulation of physical inventory across local markets, functioning as a real-time leading indicator of macroeconomic turning points before they appear in aggregated national data.
Why LISI Matters
Leading Indicator
By tracking un-cleared inventory at the local level, LISI identifies macroeconomic stress 3-6 months before it appears in lagging indicators like employment or GDP.
Granular Diffusion
LISI calculates breadth across 350+ metro areas, allowing us to distinguish between isolated local shocks and true structural macroeconomic regime shifts.
Clean Alternative Data
Powered by a proprietary, fully-managed pipeline that bypasses traditional survey biases, providing an unmanipulated view of the physical economy.