U.S. Leading Economic Index Remains Steady In February

The Conference Board said the U.S. leading index held steady. The coincident index increased 0.3 percent, and the lagging index also held steady in February. The leading index was unchanged in February, but there were also upward revisions to previous months. As a result, the leading index is increasing at a 3 to 4 percent annual rate, and this growth continues to be widespread. The upturn in the leading index since March 2003 has been signaling stronger economic growth, and real GDP growth

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