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Article: CONFERENCE BOARD U.S. LEADING INDEX INCREASES 0.1 PERCENT
- Article from:
- US Fed News Service, Including US State News
- Article date:
- October 19, 2006
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The Conference Board issued the following news release:
The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index remained unchanged and the lagging index increased 0.2 percent in September.
- The leading index increased in September, following two consecutive declines. From March to September, the leading index fell by 0.9 percent (a -1.7 percent annual rate). The leading index has declined in 5 of the last 8 months. Weaknesses offset strengths among the leading indicators in recent months. Weakening manufacturers' new orders of nondefense goods and housing permits made the largest negative contributions to the leading index from March to ...