[ No headline ]

Although many economists contend the economy is again moving at full steam, the government's main barometer of future activity dipped in December, the Commerce Department reported Thursday. The index of leading indicators registered a 0.2 percent decline in December, and the November level was revised downward to a 0.6 percent gain from what was originally 1.3 percent.

The index is composed of a dozen measurements selected because of their ability to signal future trends in economic activity. The most negative measure in December was a slump in new contracts and orders for plant and equipment.

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