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Leading [economic] indicators rise
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Contributor | Tony82 |
Last Edited | Tony82 Feb 19, 2004 11:52am |
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Category | News |
News Date | Thursday, February 19, 2004 06:00:00 AM UTC0:0 |
Description | NEW YORK (CNN/Money) - A basket of leading U.S. economic indicators rose in January, a research group said Thursday, hinting at a continuing recovery for the world's largest economy.
The Conference Board, a private research group, said its index of leading economic indicators rose 0.5 percent to 115 after rising 0.2 percent in December. January's gain matched economists' consensus forecast, according to Briefing.com.
"The continued growth in the leading index is signaling that strong economic growth should persist in the near term," the Conference Board said. |
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