Gauge of US economy's health rises a steady 0.1 per cent in December - InfoNews

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Gauge of US economy's health rises a steady 0.1 per cent in December

January 23, 2014 - 7:18 AM

WASHINGTON - A measure of the economy's health rose modestly in December, suggesting that growth will remain steady early this year.

The Conference Board said Thursday that its index of leading indicators rose 0.1 per cent last month. That's down from a 1 per cent gain in November, the month after a partial 16-day shutdown of the federal government.

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

News from © The Associated Press, 2014
The Associated Press

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