Monday, May 19, 2008

U.S. Leading Economic Index Rises 0.1% in April

According to the Conference Board, the index of U.S. leading indicators improved 0.1% month-over-month in April, matching the 0.1% rise in March. The increase was above the consensus estimate looking for no change. "These data certainly reflect a weak economy but not one in recession," said Ken Goldstein, labor economist at The ...

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