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The Conference Board's leading economic index is rising



The Conference Board's Leading Economic Index continued its recent series of gains, rising 0.4% in April, the Conference Board said Thursday.

The index – which takes into account 10 different components, such as new orders and stock prices – came in at 109.4 for last month. In March he rose by the same percentage.

Ataman Ozyildirim, Director of Business Cycles and Growth Research for the Conference Board, said in prepared remarks that "solid growth in the second half of 201

8 should continue based on the index" [19659003] "The six-month growth rate of the LEI has increased It has weakened somewhat lately, suggesting that growth will hardly accelerate, "he said, adding that" Stock prices and housing permits were the only negative contributions for the month. "

The Coincident Economic Index continued to rise, gaining 0.3% at 103.5. The Lagging Economic Index of the Conference Board was 0.3% higher at 104.7. It had fallen in March but has risen in February.

Write to Allison Prang at allison.prang@wsj.com


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