Wednesday, July 18, 2007

Leading Indicators in U.S. Probably Dropped in June as Permits Declined

(Bloomberg) -- The index of leading U.S. economic
indicators probably fell last month as building permits dropped
and more workers applied for jobless benefits, economists said
before a private report today.

The Conference Board's gauge fell 0.1 percent after rising
0.3 percent in May, according to the median estimate in a
Bloomberg News survey of 58 economists. The index points to the
direction of the economy over the next three to six months.


Read more at Bloomberg Currencies News

No comments: