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U.S. Leading Economic Index Ticks Up in December | Hellenic Shipping News Worldwide


U.S. Leading Economic Index Ticks Up in December
An economic index that measures U.S. business cycles increased in December for the eighth consecutive month but at a slower pace than that of November, data from the Conference Board showed Thursday.
The Leading Economic index stood at 109.5 in December, up 0.3% compared with November. The rise matches expectations from economists polled by The Wall Street Journal.
In November, the index rose by an upwardly revised 0.7% compared with October.
December posts the eighth straight monthly rise for the index, which in March registered the steepest monthly decline ever amid the hit from the coronavirus pandemic. After rebounding strongly in May and June, the indicator has gradually slowed down, signaling that the initial economic rebound is fading. ....

Economic Research Ataman Ozyildirim , Dow Jones , Conference Board , Leading Economic , Wall Street , Board Senior Director , Conference Board Leading Economic Index , Economic Index , Coincident Economic Index , Lagging Economic Index , டோ ஜோன்ஸ் , மாநாடு பலகை , முன்னணி பொருளாதார , சுவர் தெரு , பலகை மூத்தவர் இயக்குனர் , மாநாடு பலகை முன்னணி பொருளாதார குறியீட்டு , பொருளாதார குறியீட்டு ,

U.S. Leading Economic Index Increases in November


Provided by
Dow Jones
By Xavier Fontdegloria
An economic index that measures U.S. business cycles rose in November for the seventh consecutive month but at a slower pace than that of October, data from the Conference Board showed Friday.
The Leading Economic index came in at 109.1 in November, up 0.6% compared with October. The rise roughly matches expectations from economists polled by The Wall Street Journal, who expected the reading to increase by 0.5%.
In October, the index rose by an upwardly revised 0.8% compared with September.
November marks the seventh straight monthly rise for the index, which in March registered the steepest monthly decline ever amid the first wave of the coronavirus pandemic. After rebounding strongly in May and June, the indicator has gradually slowed down, signaling the initial economic rebound is fading. ....

Xavier Fontdegloria , Economic Research Ataman Ozyildirim , Dow Jones Company Inc , Conference Board , Leading Economic , Wall Street Journal , Board Senior Director , Conference Board Leading Economic Index , Coincident Economic Index , Lagging Economic Index , Dow Jones , டோ ஜோன்ஸ் நிறுவனம் இன்க் , மாநாடு பலகை , முன்னணி பொருளாதார , சுவர் தெரு இதழ் , பலகை மூத்தவர் இயக்குனர் , மாநாடு பலகை முன்னணி பொருளாதார குறியீட்டு , டோ ஜோன்ஸ் ,