Gauge of the US economy's health posted solid 0.8 per cent gain in November - InfoNews

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Gauge of the US economy's health posted solid 0.8 per cent gain in November

December 19, 2013 - 7:26 AM

WASHINGTON - A measure of the U.S. economy's health posted a solid gain in November, suggesting momentum was building at the end of the year.

The Conference Board says that its index of leading indicators rose 0.8 per cent in November compared with October, when the index had posted a much smaller 0.1 per cent gain. The index rose 1 per cent in September, the month before the 16-day partial government shutdown.

The index is designed to signal economic conditions over the next three to six months.

News from © The Associated Press, 2013
The Associated Press

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