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Leading Indicators Signal U.S. Growth
The U.S. index of leading economic indicators, a gauge of future growth, rose 0.6% last month, according to the New York City-based Conference Board.
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The U.S. index of leading economic indicators, a gauge of future growth, rose 0.6% last month, according to the New York City-based Conference Board.
The research group says the most of the gains came from higher housing permits and favorable interest rates. In April the index was 3.5% higher on an annualized basis than six months earlier.
The board's measures of current and lagging economic activity both edged up 0.1% in April.
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