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Leading Economic Index for the US increases again

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Leading Economic Index for the US increases again

Moderate growth expected in the months ahead.

The Conference Board Leading Economic Index for the US increased 0.2% in February, following a 0.2% increase in January, and a 0.4% increase in December.

"Widespread gains among the leading indicators continue to point to short-term growth," said Ataman Ozyildirim, Economist at The Conference Board. "However, easing in the LEI's six-month change suggests that we may be entering a period of more moderate expansion. With the February increase, the LEI remains in growth territory, but weakness in the industrial sector and business investment is holding economic growth back, despite improvements in labor markets and consumer confidence."

"Easing in the LEI's six-month change suggests that we may be entering a period of more moderate expansion." 

The Conference Board Coincident Economic Index for the US increased 0.2% in February, following a 0.2% increase in January, and a 0.3% increase in December.

The Conference Board Lagging Economic Index for the US increased 0.3% in February, following a 0.3% increase in January, and a 0.2% increase in December.

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