Index of Leading Indicators Rises
Posted by Jason Apollo Voss on Jun 19, 2011 in Blog | 0 comments Conference Board data show that their index of U.S. leading indicators for economic growth in the next 3 to 6 months rose in May by 0.8%. This compares to economist expectations of a rise of 0.3%. Analysis: Eight of the ten components that make up the index rose. Pundits tended to focus on two factors in particular. Increases in commodity prices are expected to peak and then fall. This...read more