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Article: The Conference Board's Leading Index Dips in September, Coincident Index Improves.
- Article from:
- PR Newswire
- Article date:
- October 20, 2003
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NEW YORK, Oct. 20 /PRNewswire/ -- The Conference Board reports today that the Composite Index of Leading Economic Indicators declined 0.2 percent in September, following a 0.4 percent increase in August, and a 0.7 percent rise in July.
"The economy is improving (as evidenced by the uptick in the Coincident Economic Index in September), although the road ahead will likely remain bumpy," says Conference Board Economist Ken Goldstein. "After three straight monthly increases, the Coincident Index showed no change in August. The Leading Index, after improving for four straight months, dipped in September. Both series, however, remain on growth paths and so should the ...