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The Conference Board U.S. Leading Index Increases.
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PR Newswire
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November 20, 2006
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Copyright informationCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Nov. 20 /PRNewswire/ -- The Conference Board reports today that the Composite Index of Leading Economic Indicators increased 0.2 in October, following a 0.4 increase in September and a 0.3 decrease in August.
Says Ken Goldstein, Labor Economist at The Conference Board: "In sum, the impact of a slower housing market on consumers and slower profit growth on business isn't completely offset by lower gas prices and a rising stock market. This suggests that the economy is unlikely either to reheat or to get significantly cooler. Instead, the kind of slow growth now being experienced could continue right through the winter and into the spring."
The Conference ...
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