FOREX TradingCharts.com

Financial News: U.S. Leading Economic Index Edges Slightly Lower In

U.S. Leading Economic Index Edges Slightly Lower In December

01/24/2019 - 10:23:00 (RTTNews)

(RTTNews) - Suggesting U.S. economic growth may slow down this year, the Conference Board released a report on Thursday showing a modest decrease by its index of leading U.S. economic indicators in the month of December.

The Conference Board said its leading economic index edged down by 0.1 percent in December after rising by 0.2 percent in November. The slight drop by the index matched economist estimates.

"While the effects of the government shutdown are not yet reflected here, the LEI suggests that the economy could decelerate towards 2 percent growth by the end of 2019, said Ataman Ozyildirim, Director of Economic Research at the Conference Board.

The modest decrease by the leading index reflected negative contributions from stock prices, the ISM New Orders Index and building permits.

Meanwhile, positive contributions from average weekly initial jobless claims, the Leading Credit Index, and the interest rate spread helped limit the downside.

The report also said the coincident economic index rose by 0.2 percent in December, matching the uptick seen in the previous month amid positive contributions from all four indicators that make up the index.

The lagging economic index also climbed by 0.5 percent for the second consecutive month, with six of its seven components advancing.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Business Confidence Continues To Deteriorate (26 min(s), 01 sec(s) ago)
(RTTNews) - Belgium's business confidence weakened further in February, amid further deteriora ...Full Story»

German Business Confidence Weakens For Sixth Month (18 min(s), 59 sec(s) ago)
(RTTNews) - Germany's business confidence fell for a sixth straight month in February to its l ...Full Story»

Croatia Inflation Slows For Third Month (58 min(s), 59 sec(s) ago)
(RTTNews) - Croatia's consumer price inflation slowed for a third straight month in January to ...Full Story»

Hong Kong Inflation At 5-month Low (01 hr(s), 07 min(s), 59 sec(s) ago)
(RTTNews) - Hong Kong's consumer price inflation eased marginally in January to a five-month l ...Full Story»

Slovakia HICP Inflation At 3-month High (01 hr(s), 49 min(s), 59 sec(s) ago)
(RTTNews) - Slovakia's EU measure of inflation accelerated in January to its highest level in ...Full Story»

Austria Inflation Lowest Since Dec. 2016 (02 hr(s), 04 min(s), 59 sec(s) ago)
(RTTNews) - Austria consumer price inflation eased marginally in January to its lowest level in ov ...Full Story»

Malaysia Consumer Prices Fall In January (03 hr(s), 05 min(s), 59 sec(s) ago)
(RTTNews) - Malaysia's consumer prices fell in January, led by a sharp decline in transport co ...Full Story»

Eurozone Inflation Slows For Third Month; Flash Confirmed (03 hr(s), 23 min(s), 59 sec(s) ago)
(RTTNews) - Eurozone's inflation eased for a third straight month in January to its lowest lev ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Business Confidence Continues To Deteriorate

02/22/2019 - 09:30 AM (RTTNews)
(RTTNews) - Belgium's business confidence weakened further in February, amid further deteriora ...Full Story>>

German Business Confidence Weakens For Sixth Month

02/22/2019 - 08:45 AM (RTTNews)
(RTTNews) - Germany's business confidence fell for a sixth straight month in February to its l ...Full Story>>

Croatia Inflation Slows For Third Month

02/22/2019 - 08:05 AM (RTTNews)
(RTTNews) - Croatia's consumer price inflation slowed for a third straight month in January to ...Full Story>>

Hong Kong Inflation At 5-month Low

02/22/2019 - 07:56 AM (RTTNews)
(RTTNews) - Hong Kong's consumer price inflation eased marginally in January to a five-month l ...Full Story>>

Slovakia HICP Inflation At 3-month High

02/22/2019 - 07:14 AM (RTTNews)
(RTTNews) - Slovakia's EU measure of inflation accelerated in January to its highest level in ...Full Story>>
These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.