Tags: Economy | Leading Indicators

Leading Indicators Rise in 8th Straight Month of Growth

Thursday, 17 Mar 2011 10:32 AM

A private research group's measure of future economic activity rose 0.8 percent in February, as the job market showed improvement and consumers were more optimistic.

It's the eight consecutive month that the Conference Board's index of leading economic indicators has shown growth.

February's pace was faster than the previous month's, when the index rose just 0.1 percent. But it was lower that December's revised reading of 1.0 percent.

Economists surveyed by FactSet expected the index to grow 0.9 percent last month.

The leading indicators began moving sharply higher last fall as the stock market rallied, consumers spent more, the manufacturing sector grew steadily and the jobless rate dropped.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Economy
A private research group's measure of future economic activity rose 0.8 percent in February, as the job market showed improvement and consumers were more optimistic.It's the eight consecutive month that the Conference Board's index of leading economic indicators has shown...
Economy,Leading Indicators
108
2011-32-17
Thursday, 17 Mar 2011 10:32 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved