BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[U.S. leading indicators suggest sluggish economy ahead]]>http://www.bloggingstocks.com/2008/01/18/u-s-leading-indicators-suggest-sluggish-economy-ahead/http://www.bloggingstocks.com/2008/01/18/u-s-leading-indicators-suggest-sluggish-economy-ahead/http://www.bloggingstocks.com/2008/01/18/u-s-leading-indicators-suggest-sluggish-economy-ahead/#commentsFiled under: , , , ,

The nation's economy is more likely to experience additional economic weakness and slowing growth in the months ahead, according to data released by the Conference Board Friday.

The Index of Leading Economic Indicators declined again in December 2007, down 0.2%, worse than the 0.1% decline estimate, the Conference Board announced Friday in a statement (pdf). The index dropped 0.4% in November 2007.

Declines in 4 of 6 months

It was the third consecutive decline for the leading index, which has also dropped in four of the last six months.

The largest negative contributors to the index in December 2007 were housing permits, average working hours in manufacturing, new orders for non-defense capital goods, initial unemployment claims, and consumer expectations.

Continue reading U.S. leading indicators suggest sluggish economy ahead

U.S. leading indicators suggest sluggish economy ahead originally appeared on BloggingStocks on Fri, 18 Jan 2008 12:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BushConference Boardconsumer confidencefeaturedfiscal policyGDPhousingIndex of Leading Economic Indicatorsmanufacturingmonetary policyPresident BushrecessionU.S. CongressU.S. economyU.S. Federal ReserveFri, 18 Jan 2008 12:20:00 EST