Leading indicators looking more bullish in May. One of the most closely watched leading indicators for U.S. economic growth may be enjoying a sharp rebound. The Conference Board Leading Economic Index for the U.S. increased 1.2 percent in May, following a 1.1 percent increase in April and a 0.3 percent decline in March. Says Ken Goldstein, an economist at The Conference Board, New York, “The leading economic index increased for the second consecutive month and the coincident (current) economi
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