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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Crimson Ghost who wrote (64740)3/22/2007 11:29:32 AM
From: mishedlo  Read Replies (1) of 116555
 
Leading indicators fall 0.5%, signaling choppy growth

WASHINGTON (MarketWatch) - The economy is likely to grow at a moderate but "choppy" pace in the coming months, the Conference Board said Thursday upon the release of the index of leading economic indicators. The index fell 0.5% in February, close to the 0.4% drop expected by economists surveyed by MarketWatch. Four of the 10 indicators increased in February. The index is up 0.2% in the past six months. "The housing and manufacturing sectors are clearly going through a correction, but the consumer sector appears to be holding up," said Ken Goldstein, labor economist for the private research organization, in a press release. "That mix should generate moderate but choppy growth ahead."

marketwatch.com
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