News Column

Report Shows Decline in Leading US Economic Indicators

Dec 20, 2012
economic indicators

The index of leading U.S. economic indicators declined in November, suggesting slow growth in early 2013.

The index, a composite of 10 indicators of the economy in the near future, declined 0.2 percent to a mark of 95.8, according to the Conference Board, a New York-based business think tank. The index had booked increases of 0.3 percent in October and 0.4 percent increase in September.

The data shows "increasing risks of slowing economic activity in the near term," said Conference Board economist Ataman Ozyildirim.

Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH

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