Economic Buzz: US Leading Economic Index Edges Down In March
19-Apr-24   08:34 Hrs IST
The Conference Board released a report on Thursday showing an unexpected pullback by its index of leading U.S. economic indicators in the month of March.

The report said the leading economic index fell by 0.3 percent in March after rising by 0.2 percent in February. The modest advance in February marked the first increase by the leading index in two years.

The report also said the coincident economic index rose by 0.3 percent in March after inching up by 0.1 percent in February.

Meanwhile, the Conference Board said the lagging economic index came in unchanged in March after rising by 0.3 percent in February.

Powered by Commodity Insights