Leading Economic Indicator Index Declines
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The Index of Leading Economic Indicators, a widely watched barometer of future economic activity, edged lower in September for the fourth month in a row, indicating a slowing in economic growth, a private research group reported Thursday.
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Concern about interest rate hikes, the drop in new home construction, and tighter business inventories contributed to the decline.
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WASHINGTON --A closely watched gauge of future economic activity slipped for a second straight month, a performance viewed as signaling a slowdown but not a recession.
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The U.S. economyÂs third-quarter slump was not as bad as first estimated, but indicators suggest a steeper decline is coming soon.
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A widely watched barometer of future economic activity edged lower in September for the fourth month in a row, suggesting a slowing in economic growth, a private research group reported Thursday.
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Stocks plummeted after a business survey provided another strong signal that the United States might be in the early stages of a recession.
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Investor's Business Daily - For the week ended Aug. 31, the Economic Cycle Research Institute&#39;s Weekly Leading Index rose to 140.4 from 139.2 the prior week after declining for 6 straight weeks. Higher stocks, better housing activity and jobless claims helped weekly numbers. But the index&#39;s annualized growth rate fell to 0.6% from 1.3% the prior week. That&#39;s a 43-week low, but not yet a signal that recession is on the way, the ECRI said.
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A key index of German business confidence dropped in November amid worries over the impact of strong euro and high oil prices on Europe&#39;s largest economy, it was reported Thursday.
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A key forecasting gauge of future  U.S. economic activity fell for a fifth straight month in  October, a private research firm said on Thursday.
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Eurozone economic indicators to be released in the coming week will show that business and consumer confidence is falling and that inflation is rising again, economists said.
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Aug. 19 (Bloomberg) -- The dollar dropped against the euro after a fall in manufacturing growth in the Philadelphia region and US leading indicators added to evidence that a slowdown in the economy may have extended into this month.
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U.S. stocks dropped on Friday after a manufacturing index showed its weakest reading in more than three years, prompting worries the economy was slowing sharply.
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An index measuring changes in UK house prices fell in the three months through November to the lowest since December 1992, suggesting a decline in the nation&#39;s property market is deepening.
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A leading index of the U.S. economy dipped in the latest week, and a continued lack of growth in the data shows no end in sight to the current slowdown, a report showed on Friday.
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A widely watched barometer of future economic activity edged lower in September for the fourth month in a row, suggesting a slowing in economic growth, a private research group said Thursday.
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Stock index futures fell on Thursday before economic indicators that could shed light on the housing sector - a key element of consumer spending -- and on manufacturing.
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The Conference Board said Thursday that the US leading economic index fell for the fourth straight month. The Conference Board, a New York-based research group, reportedthat