09152019Sun
Last updateThu, 12 Sep 2019 5pm

Manufacturing & The Economy

Leading Economic Indicators Up for Third Straight Month

The Conference Board Leading Economic Index for the U.S. increased by 0.2% in April. The most recent gain was fueled by positive contributions from stock prices and consumer expectations for business conditions. In the six-month period ending in April 2019, the leading economic index increased 0.6% (about a 1.3% annual rate), much slower than the growth of 2.1% (about a 4.3% annual rate) during the previous six months. However, the strengths among the leading indicators became more widespread than weaknesses.

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