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15:00 - Dados States

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15:00 - Dados States

por Infoo » 20/7/2006 15:31

10:00 AM ET 7/20/06 U.S. ECONOMY IS COOLING: CONFERENCE BOARD
10:00 AM ET 7/20/06 U.S. LEADING INDICATORS DOWN 0.3% IN PAST 6 MONTHS
10:00 AM ET 7/20/06 U.S. JUNE LEADING INDICATORS RISE 0.1% VS. 0.2% EXPECTED

ECONOMIC REPORT: Leading indicators rise 0.1% in June; U.S. economy cooling, Conference Board says
By Rex Nutting, MarketWatch
Last Update: 10:00 AM ET Jul 20, 2006

WASHINGTON (MarketWatch) - The index of leading economic indicators increased 0.1% in June after two consecutive declines, the Conference Board reported Thursday.

"The U.S. economy is cooling at mid-year," said Ken Goldstein, a labor economist at the private group. The leading indicators "suggest that the economy could cool even more in the third and fourth quarters of the year."

In the past six months, the leading index has fallen 0.3%, with five of the 10 components declining. The index fell 0.6% in May.

Six of the 10 leading indicators increased in June: weekly jobless claims, consumer expectations, money supply, the factory workweek, interest rate spreads and core capital equipment orders. Three indictors fell, led by vendor performance, building permits and stock prices. Orders for consumer goods were flat.

The index is designed to help forecast turning points in the economy six to nine months ahead.

"Economic growth should continue, but at a slow to moderate rate in the near term," the private economic research group said.

The coincident index increased 0.2%. The lagging index increased 0.6%.

Economists surveyed by MarketWatch were expecting the leading index to rise 0.2%.
 
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