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Monday, July 20, 2009

Leading Economic Indicators Jump in June

Marketwatch reports:

The U.S. index of leading economic indicators rose 0.7% in June, the Conference Board said Monday. This is the third straight monthly increase. The rise was slightly larger than the consensus forecast of Wall Street economists, who had expected a 0.5% rise. The gain is not as strong as the last two months. The index rose 1.0% in April and 1.3% in May. In the latest month, the coincident index fell 0.2%, while the lagging index fell 0.7%.

A closer look at the monthly (and last six months) breakdown.

Source: Conference Board