Wednesday, April 18, 2007

U.S. Leading Indicators Probably Rose in March for First Time This Year

(Bloomberg) -- An index of U.S. leading economic indicators rose last month for the first time this year, signaling moderate growth in an economy struggling with slowdowns in housing and business spending, economists said before a private report today.

The Conference Board's index rose 0.1 percent after a 0.5 percent drop the month before, according to the median forecast in a Bloomberg News survey of 52 economists. The gauge points to the direction of the economy over the next three to six months.


Read more at Bloomberg Currencies News

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