Leading Economic Index Turns Upward After Last Month’s Pause

The Conference Board said the U.S. leading index increased 0.3 percent, the coincident index increased 0.2 percent, and the lagging index decreased 0.1 percent in March. The leading index turned up again in March after pausing in February. The leading index has now increased by 4.4 percent from its most recent low in March 2003, although growth has slowed somewhat in recent months. The upturn in the leading index since March 2003 signalled stronger economic growth, and correspondingly,

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