Leading Economic Indicators For UK Decline

June 17, 2005
The Conference Board's index of leading economic indicators for the UK fell four-tenths of a percentage point in April, the most recent month for which data are available. The leading index now stands at 134.3 (1990=100). The leading index for the UK ...

The Conference Board's index of leading economic indicators for the UK fell four-tenths of a percentage point in April, the most recent month for which data are available. The leading index now stands at 134.3 (1990=100).

The leading index for the UK declined a tenth of a percentage point in March of this year after rising six-tenths percent in February. For the six months ending in April, the leading index rose four-tenths percent.

Inflation-adjusted GDP for the UK slowed to an annual rate of 1.9% during the first quarter of this year from the average annual rate of 2.6% for the final two quarters of 2004. "The behavior of the leading index in recent months suggests that this moderate rate of economic growth is likely to continue in the near term," says the Conference Board, a New York-based business research group.

Popular Sponsored Recommendations

How to Build Zero-Cost On-Site Solar and Storage Projects

Nov. 25, 2023
The Inflation Reduction Act offers tax credits, incentives, and financing that enable no-cost projects. In Enel’s eBook, discover the critical role that incentives play in your...

Goodridge Boosts Productivity & Saves Costs by Moving to the Cloud!

Dec. 4, 2023
With Infor's cloud solutions, Goodridge has been able to greatly increase overall productivity, cost savings, data visibility, and automation. This case study discusses the many...

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

What Is Your Smart Factory IQ?

Sept. 24, 2023
It’s time to put Smart, data-driven manufacturing operations to the test. In this comprehensive whitepaper we show you how to determine the Artificial Intelligence Quotient (AIQ...

Voice your opinion!

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