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Conference Board Leading Economic Index for the U.S. Declines
Conference Board ^ | 7/22/10 | Frank Tortorici

Posted on 07/22/2010 9:16:54 AM PDT by Redmen4ever

NEW YORK, July 22, 2010…The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.2 percent in June to 109.8, following a 0.5 percent increase in May, and a 0.1 percent decline in April...

(Excerpt) Read more at conference-board.org ...


TOPICS: Business/Economy
KEYWORDS: conferenceboard; leadingindicators
The Leading indicators have slipped two of the past three months. Net movemovet over the prior quaters just slightly positive. The Coincident indicators flattened out. Prospect is for slow if any growth in the economy during the next several months.
1 posted on 07/22/2010 9:16:56 AM PDT by Redmen4ever
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To: Redmen4ever

Glad I pulled my direct deposit funds to my 401(k). Unfortunately, the gov isn’t leaving us anywhere to harbor our money. Tax it all. No tax unlevied!


2 posted on 07/22/2010 9:20:25 AM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: Redmen4ever
If the second drop does happen I hope it happens before November. If it happens before the election the Dems will take the blame. If it happens after the election, even if it is before the new Congress is sworn in, it will be blamed on the conservatives. And the MSM and Obama will have a field day.
3 posted on 07/22/2010 9:25:30 AM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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