Thursday, July 21, 2005 Bloomberg U.S. Leading Economic Indicators Index Rose 0.9% in June
The U.S. index of leading economic indicators rose a greater-than-expected 0.9 percent for June, a sign that growth may be starting to accelerate this month. The report shows the first major revision in how the index was compiled since 1996.
Higher consumer confidence, stock prices and building permits helped drive up the Conference Board's index after it was unchanged in May, the New York-based research group said today. The median forecast among 57 economists surveyed by Bloomberg News called for an increase of 0.5 percent.
"The consumer is steady and in good shape, labor income is accelerating, and that's continuing to offset the drag from gasoline prices,'' Stephen Stanley, chief economist at RBS Greenwich Capital in Greenwich, Connecticut, said before the report. "Obviously, housing is doing quite well. And in manufacturing we're starting to see a little bit of a comeback.''
Statistics: Companies: 642,100+, Trade Leads: 160,500+, Products: 104,300+, Contacts / Replies: 8,278,300+ There are currently 12700 users online browsing our B2B network. 11:05 GMT, Saturday, April 20, 2024 Privacy Policy Important Notice! TradeHolding.com B2B Network does not provide an escrow service! Any member who asks you to pay for their products by Western Union to an agent of "TradeHolding.com B2B Network" is fraud and should be immediately reported to us. Do not pay anything to any member who states your money will be added to TradeHolding.com safety deposit account!
All Trade Leads / Offers / Products / Company Profiles / Images and other user-posted contents are posted by the user and SouthAfricaB2B.co.za and TradeHolding.com B2B Network shall not be held liable for any such content. However, TradeHolding.com B2B Network respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. For concerns, please contact us.
