Leading Economic Index for U.S. Increases


The Conference Board Leading Economic Index for the U.S. increased 0.3 percent in March to 95.7 (2004 = 100), following a 0.7 percent increase in February, and a 0.2 percent increase in January.
 
Says Ataman Ozyildirim, economist at The Conference Board: "The LEI increased for the sixth consecutive month, pointing to a more positive outlook despite subdued consumer expectations and weakness in manufacturing new orders. Moreover, the six-month growth rate of the LEI continues to improve. The CEI, a measure of current economic conditions, has also increased in five of the last six months, with broad based gains in all components." 

Says Ken Goldstein, economist at The Conference Board: "Despite relatively weak data on jobs, home building and output in the past month or two, the indicators signal continued economic momentum. We expect a gradual improvement in growth past the summer months." 

The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.2 percent in March to 104.2 (2004 = 100), following a 0.2 percent increase in February, and a 0.1 percent increase in January.
The Conference Board Lagging Economic Index® (LAG) increased 0.3 percent in March to 114.4 (2004 = 100), following a 0.1 percent increase in February, and a 0.6 percent increase in January.

FineHomesBrokers.com

About FineHomesDigest

The Fine Homes Team, Mark Finchem, Associate Broker with Long Realty Company, provides service to buyers, seller and builders where fine homes are concerned. With extensive experience in residential real estate transactions we can help you with the home you'd rather have.
This entry was posted in Fine Homes. Bookmark the permalink.

One Response to Leading Economic Index for U.S. Increases

  1. Pingback: What Is Economics? | Moheyuddin's Blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s