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U.S. leading economic index rises in October

November 19, 2009
Staffing Industry Analysts North American Daily News

The Conference Board's U.S. leading economic index released today rose 0.3% in October following a 1.0% gain in September. It now stands at 103.8 (2004=100).

"The data indicates that economic recovery is finally setting in," said Ken Goldstein, economist at The Conference Board. "We can expect slow growth through the first half of 2010. The pace of growth, however, will depend critically on how much demand picks up, and how soon."