Leading U.S. Economic Indicators Decline in May

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00003541-leading-us-economic-indicators-decline-in/

By Anne D’Innocenzio, Associated Press

A closely watched gauge of future business activity fell more than expected in May, indicating slower economic growth may lie ahead later this year, a private research group announced Monday.

The New York-based Conference Board reported that its Composite Index of Leading Indicators fell 0.5 percent last month to 114.1. The decline was more than the 0.2 percent drop that analysts had expected.

The May decline follows a revised unchanged level in April and a 0.6 percent decline in March.

For this complete story, please visit Leading U.S. Economic Indicators Decline in May.

Leading U.S. Economic Indicators Decline in May

Unknown Author

Featured Resources

Webinars

RA Compliance Corner: Managing Your Service Providers- Do you really have it all in order?

About