Future Economic Activity Gauge Falls
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A closely watched measure of future economic activity fell in August for a third consecutive month, reflecting an uncertain climate for both businesses and consumers.
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The double whammy of a worsening housing slump and a credit crunch is punching the economy in its gut. That's likely to mean a period of slower activity in the months ahead.
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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 index of future economic activity fell 0.3 percent in August, the third consecutive monthly decline, the Conference Board said on Thursday.
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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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A closely watched gauge of future business activity fell in August for a third consecutive month, evidence that companies and consumers continue to navigate an uncertain economic climate.
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WASHINGTON (AFX) - The US economy is losing steam, the Conference Board said Thursday, reporting that the index of US leading economic indicators fell 0.3 percent in October, the fifth straight decrease.
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Housing data and a gauge of business  spending in June released on Thursday signaled slower U.S.  economic growth ahead, leading many to believe the Federal  Reserve is less likely to raise interest rates next month.
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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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New figures reveal a slowdown in the UK economy in the third quarter, attributed to declining industrial production.
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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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WASHINGTON : A closely watched index of future economic activity fell for a third straight month, suggesting a tepid pace of growth for the world&#39;s largest economy, analysts said.
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A gauge of future economic activity showed the U.S. economy will slow in coming months, reversing recent gains and suggesting higher gas prices and a sluggish construction industry are beginning to take their toll
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Stock index futures indicated a lower open on Thursday as investors braced for data on the services sector and other measures of the economy that could provide clues about the interest-rate outlook.
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The economy could be headed for slower growth in the next several months, according to a report released Thursday by a private research group.
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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 US economy is &quot;losing steam,&quot; the Conference Board said, reporting that the index of US leading economic indicators fell 0.3 percent in October, marking the fifth straight decline.