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    U.S. leading economic index rises 0.2% in March | 20.04.2015

     

    The Conference Board released its leading economic index for the U.S. on Friday. The leading economic index climbed by 0.2% in March, missing expectations a 0.3% gain, after a 0.1% increase in February.

     

     

    February's figure was revised down from 0.2% rise.

     

     

    Lower building permits, average working hours and manufacturing new orders weighed on the index.

     

     

    The Conference Board economist Ataman Ozyildirim said that the leading economic index "still points to a moderate expansion in economic activity", but the slower pace over recent months "suggests weaker growth may be ahead".


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