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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (39973)6/20/2001 11:28:07 AM
From: IQBAL LATIF   of 50167
 
A key forecasting gauge for the U.S. economy in May logged its biggest increase in almost one-and-a-half years, but economic growth would continue to be slow for the next few months, a private research firm said on Wednesday.

The Conference Board reported that the U.S. index of leading economic indicators rose 0.5 percent in May -- the biggest gain since a matching 0.5 percent rise in December 1999 -- after growing 0.1 percent in April. It was also the third increase for the index in the last six months.
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