Monday, May 19, 2008

Leading Indicators: First 2-Month Gain Since 2006

The Conference Board announced today that the U.S. Index of Leading Economic Indicators increased in April for the second straight month, the first back-to-back gain since October 2006, signaling that the current slowdown will be short-lived (Bloomberg).

1 Comments:

At 5/19/2008 4:17 PM, Anonymous The Masked Millionaire said...

I'm not convinced that this is true. Rising gas prices along with rising food prices means that economic indicators have little effect on people's lives.

Short lived? Depends who you are talking to.

 

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