August 31, 2000 |
In a further sign of economic slowing, a key forecasting gauge for the U.S. economy fell for a third straight month in July. The Conference Board said that the index of leading economic indicators dipped 0.1% last month, in line with forecasts of Wall Street economists, following identical declines in June and May. The June index was previously reported as unchanged. The private research group said the coincident index, a barometer of current economic trends, was unchanged in July after an 0.
February 1, 1990 |
The government's leading economic forecasting indicator rose in December at its fastest pace in eight months, the government said Wednesday, but analysts suggested that the economy remains weak although able to avoid a recession. The Commerce Department said the index of leading economic indicators rose 0.8% in December, helping to inch the forecasting gauge up 0.4% for the year. It was the weakest increase since the index actually fell 1.5% in 1984. And since the index rose just 0.
June 2, 1999 |
A report by the nation's manufacturers of the first rise in prices for raw materials in 16 months sparked concerns in financial markets that inflation is heating up. The disturbing figures came in a mixed bag of reports Tuesday--the first monthly decline in nearly a year in a key gauge of future economic activity and a big drop in construction spending, but continued strength in the industrial economy. The National Assn.
May 18, 2001 |
A key gauge of future economic activity rose in April, following two straight monthly declines, as the effects of the Federal Reserve's aggressive rate-cutting campaign began seeping into the economy. The Conference Board said its index of leading economic indicators rose 0.1% to 108.7 in April after slipping a revised 0.2% in March and 0.2% in February.
August 3, 1995 |
The economy showed new signs of strength Wednesday, shaking out of the summer doldrums as housing sales picked up on the strength of lower mortgage rates and the government's main forecasting gauge broke a four-month losing streak. The Commerce Department reported that new home sales, a barometer of where the economy is headed, climbed 6.1% in June to the highest level in a year and a half. Helped by falling mortgage rates, sales increased in every region of the country.
February 2, 1989 |
The index of leading economic indicators, the government's main barometer of economic activity, rose a strong 0.6% in December, suggesting more growth ahead for the U.S. economy after six years of expansion. The increase, reported by the Commerce Department Wednesday, was in line with expectations and was the latest move in a seesaw pattern of monthly rises and falls that began last spring.
December 2, 1987 |
The government's main indicator of future economic activity weathered October's stock market crash in better shape than many economists had expected and declined only 0.2% for the month, the Commerce Department reported Tuesday. Although the figures indicate sluggish future growth, analysts say, the index was bolstered by a strong 0.7% rebound in factory hours worked and smaller gains in the categories of plant and equipment orders, jobless claims, material prices and the nation's money supply.
December 5, 2000 |
A key gauge of future economic activity fell 0.2% in October, suggesting further slowing for the U.S. economy in the new year. The Conference Board said Monday that its composite index of leading economic indicators declined to 105.5 in October after registering no change in September and dropping 0.1% in August. October's drop was slightly more than the 0.1% analysts had expected. The index is watched closely because it gives an indication where the overall U.S.
November 2, 1988 |
The index of leading economic indicators, designed to predict the direction of the economy, slipped by 0.1% in September, the government said Tuesday. The decline, the latest turn that the index has taken in its choppy path during the past several months, affirmed other signs of a slowing economy as Federal Reserve officials met Tuesday to set interest rate policy for the next few weeks. The September setback followed a 0.5% rise in August, a 0.7% drop in July, a 1.5% jump in June and a 0.
June 20, 2008 |
A private business group says its index of leading economic indicators inched higher for the second month in another sign that higher fuel and food prices, tighter credit and a depressed housing market are stifling the economy. Separately, the number of newly laid-off workers filing for unemployment benefits remained at worrisomely high levels despite dropping slightly last week. The New York-based Conference Board said Thursday that its gauge of economic indicators rose 0.