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.
#economics
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.
RELATED CONTENT
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
Study: Border Tax, NAFTA Exit Would Hurt U.S.
The U.S. auto industry would lose at least 31,000 manufacturing jobs and 450,000 units of annual sales if the U.S. imposes 35% tariffs on cars from Mexico, as President-elect Donald Trump has vowed to do.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.