Investment Updates
Leading Indicators Slightly Off Again
Published Friday, January 24, 2020 at: 7:00 AM EST
The leading indicators of growth in the economy ran at a slightly slower pace in December, but that's coming off record peaks.
The index of leading economic indicators declined in December, the Conference Board reported on Friday. It was the fourth decline in the past five months.
"The US LEI declined slightly in December, driven by large negative contributions from rising unemployment insurance claims and a drop in housing permits," said Ataman Ozyildirim, a senior economist at The Conference Board.
© 2024 Advisor Products Inc. All Rights Reserved.
More articles
- S&P 500 Breaks All-Time Record Again
- Steady Economy Briefly Drives Dow Beyond 29,000
- Why Stocks Shrugged Off Iran Escalation
- A Spectacular Year For Stocks
- A Case For A Bull Market In 2020
- Good Economic News Again
- An Unusual Constellation Of Economic Surprises
- Longest U.S. Expansion Keeps Rolling
- Retirement Income Reality Check
- Find The Major Economic Trend Hidden In This Picture
- Is The New Record High In Stocks Irrational?
- Stocks Break New Record; Economic Outlook Clears
- Despite Frights, Can The Expansion Continue?
- Retail Sales Coverage Reflected The Narrow View Of The Media
- Small-Business Optimism Declines But Remains High