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15:00 - Dados States
10:00am 03/18/04 U.S. LEADING ECONOMIC INDICATORS UNCHANGED IN FEB.
10:00am 03/18/04 6 OUT OF 10 U.S. LEADING INDICATORS RISE IN FEB.
10:00am 03/18/04 U.S. FEB LEADING INDICATORS BELOW CONSENSUS UP 0.1%
10:01am 03/18/04 U.S. JAN LEADING INDEX REVISED TO UP 0.4% VS 0.5 PREV
U.S. leading indicators unchanged in February
WASHINGTON (CBS.MW) -- The U.S. index of leading economic indicators was unchanged in February, the Conference Board said Thursday.
The report was weaker than expected.
The consensus forecast of Wall Street economists was for the index to rise 0.1 percent in February.
In addition, the January leading index was revised lower, to a gain of 0.4 percent from the previous estimate of a 0.5 percent increase. But December's index was revised higher.
Six of the 10 indicators increased in February, including vendor performance, average weekly factory hours, stock prices, new orders for consumer goods and new orders for nondefense capital goods. These gains were offset by a drop in consumer expectations.
Economists at the Conference Board said that while the growth rate of the leading index has slowed in recent months, it is "still signaling relatively strong economic growth in the near term."
The coincident index rose 0.3 percent, while the lagging index was unchanged.
10:00am 03/18/04 6 OUT OF 10 U.S. LEADING INDICATORS RISE IN FEB.
10:00am 03/18/04 U.S. FEB LEADING INDICATORS BELOW CONSENSUS UP 0.1%
10:01am 03/18/04 U.S. JAN LEADING INDEX REVISED TO UP 0.4% VS 0.5 PREV
U.S. leading indicators unchanged in February
WASHINGTON (CBS.MW) -- The U.S. index of leading economic indicators was unchanged in February, the Conference Board said Thursday.
The report was weaker than expected.
The consensus forecast of Wall Street economists was for the index to rise 0.1 percent in February.
In addition, the January leading index was revised lower, to a gain of 0.4 percent from the previous estimate of a 0.5 percent increase. But December's index was revised higher.
Six of the 10 indicators increased in February, including vendor performance, average weekly factory hours, stock prices, new orders for consumer goods and new orders for nondefense capital goods. These gains were offset by a drop in consumer expectations.
Economists at the Conference Board said that while the growth rate of the leading index has slowed in recent months, it is "still signaling relatively strong economic growth in the near term."
The coincident index rose 0.3 percent, while the lagging index was unchanged.
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