19-Feb-2010 8:45 AM

US economic recovery to continue "at least through the spring" - The Conference Board

US Leading Economic Index increased 0.3% in Jan-2010, following a 1.2% gain in Dec-2009, according to The Conference Board. [more]

The Conference Board: "The US LEI has risen steadily for nearly a year, led by an improvement in financial markets and a manufacturing upturn. Consumer expectations and housing permits have also contributed to these gains over this period, but to a lesser extent — especially in recent months...The cumulative change in the US LEI over the past six months has been a strong 9.8%, annualised. This signals continued economic recovery at least through the spring", Ken Goldstein, Economist & Ataman Ozyildirim, Economist. Source: The Conference Board, 18-Feb-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More