US economic bellwether steady for December

The index of leading US economic indicators was unchanged in December, at 136 .8 percent of its 1967 level, after a drop of 1.2 percent in November, according to the Commerce Department. The index is intended to point to the likely trend of economic activity. It is watched closely by economists, because three consecutive months of declines traditionally herald a recession.

Despite an overall fall of 5.8 percent last year, the index never showed three straight months of declines.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK