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View All NewsApril 22, 2021
US growth continues to pick up, according to The Conference Board Leading Economic Index for March released today. The trend in the index is consistent with the economy picking up in coming months.
“The US [Leading Economic Index] rose sharply in March, which more than offset February’s slightly negative revised figure,” said Ataman Ozyildirim, senior director of economic research at The Conference Board.
In March, the Leading Economic Index rose 1.3% from February to a reading of 111.6. It had fallen 0.1% in February after an 0.5% increase in January.
“The improvement in the US [Leading Economic Index], with all 10 components contributing positively, suggests economic momentum is increasing in the near term,” Ozyildirim said. “The widespread gains among the leading indicators are supported by an accelerating vaccination campaign, gradual lifting of mobility restrictions, as well as current and expected fiscal stimulus.”
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April 23, 2021 at 12:19AM
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US Leading Economic Index for March points to continued growth - Staffing Industry Analysts
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