Japan's Leading Index Dips 0.1%

ByJohn S. McClenahen The Conference Board's leading economic index for Japan fell 0.1% in May -- although revised data now show it grew 0.3% in April. The index now stands at 96.5 (1990=100). "The growth rate of the leading index has slowed from its recent peak rate reached late last year, and the strength has become somewhat less widespread," the New York-based business research group says.