U.S. Leading Indicators Fall For Fourth Time

May 20, 2005
As most forecasts continue to project only a modest economic slowdown for the U.S. this year, the Conference Board's Index of  Leading Indicators for the United States has fallen for the fourth consecutive month. The index slipped two-tenths of a ...

As most forecasts continue to project only a modest economic slowdown for the U.S. this year, the Conference Board's Index of Leading Indicators for the United States has fallen for the fourth consecutive month. The index slipped two-tenths of a percentage point in April to 114.5 (1996=100).

"The leading index has decline at a 1% annual rate over the last six months, and there have been more weaknesses than strengths among the components in recent months," notes the New York-based business research group.

However, actual contraction of the U.S. economy seems not to be in the offing. "The recent weakness of the leasing index is consistent with the economy continuing to expand in the near term, but at a slower pace," says the Conference Board.

Popular Sponsored Recommendations

Discover How an Eye Tracking Study Improves Training Procedures

Oct. 29, 2023
Did you know that your training processes can be streamlined by visualizing and analyzing key skills within your employee base? Find out how we use eye tracking to capture advanced...

MES vs. Operations Platforms: Buyer's Guide

Sept. 19, 2023
Now more than ever, manufacturers are rethinking legacy MES's role in their operations. This comprehensive guide compares traditional manufacturing execution systems and operations...

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

Legacy Phone Lines Are Draining Your Profits

Oct. 30, 2023
Copper wire phone line expenses that support emergency devices could be costing your company millions of dollars in wasteful overhead expenses. Rates have been skyrocketing while...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!