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Gauge points to stronger U.S. growth

本文发表在 rolia.net 枫下论坛Leading indicators rose for the fourth straight month in August, pointing to pickup in second half.
September 18, 2003: 11:04 AM EDT



NEW YORK (CNN/Money) - A key gauge for predicting economic activity rose for the fourth straight month in August, pointing to a further pickup in growth in the second half of the year, a business group said Thursday.

The index of leading indicators rose 0.4 percent to 113.3 last month, the Conference Board said, in line with economists' forecasts. The August reading followed a revised 0.6 percent increase in July.

"The economy is improving, although the road will likely remain bumpy," said Ken Goldstein, an economist at the Conference Board, a New York-based business research group.

The board said the 2.5 percent increase in the leading index since its low in March has already been followed by stronger economic growth in the second quarter.

"In addition, the recent strength in the leading index suggests a further strengthening of economic growth in the second half of the year," the board said.

But the improved outlook was tempered somewhat as a reading of the current business climate showed weakness.更多精彩文章及讨论,请光临枫下论坛 rolia.net
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Replies, comments and Discussions:

  • 枫下家园 / 理财投资税务 / 大家对大市的看法如何?我打算买INTC(intel)+AMR(american airline).如果大市好这些股票的表现会比大市走的更快,而且比较稳健。
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                • Where did you get this message? Thanks a lot.
    • Gauge points to stronger U.S. growth
      本文发表在 rolia.net 枫下论坛Leading indicators rose for the fourth straight month in August, pointing to pickup in second half.
      September 18, 2003: 11:04 AM EDT



      NEW YORK (CNN/Money) - A key gauge for predicting economic activity rose for the fourth straight month in August, pointing to a further pickup in growth in the second half of the year, a business group said Thursday.

      The index of leading indicators rose 0.4 percent to 113.3 last month, the Conference Board said, in line with economists' forecasts. The August reading followed a revised 0.6 percent increase in July.

      "The economy is improving, although the road will likely remain bumpy," said Ken Goldstein, an economist at the Conference Board, a New York-based business research group.

      The board said the 2.5 percent increase in the leading index since its low in March has already been followed by stronger economic growth in the second quarter.

      "In addition, the recent strength in the leading index suggests a further strengthening of economic growth in the second half of the year," the board said.

      But the improved outlook was tempered somewhat as a reading of the current business climate showed weakness.更多精彩文章及讨论,请光临枫下论坛 rolia.net