Leading Economic Index Rises Slightly Less Than Expected In May - TopicsExpress

Leading Economic Index Rises Slightly Less Than Expected In May With positive contributions from financial indicators partly offset by negative contributions from other indicators, the conference Board’s report showing only a slight increase by its reading on leading U.S. economic indicators in the month of May. The leading economic index edged up by 0.1% in May. Economists had been expecting the index to rise by 0.2%.Eurozone consumer confidence and business figures improve Eurozone consumer confidence improved sharply in June while the slump in private sector business activity eased further.

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