An index of leading economic indicators increased 0.4% in July, the New York-based Conference Board said Friday.
The gain followed a revised 0.4% decline in June. Economists had forecast a 0.3% rise, Bloomberg reported.
The LEI is closely watched by trucking companies because it forecasts business activity for the next three to six months.
An index of leading economic indicators rose in November, the New York-based Conference Board said Thursday.
The LEI index climbed 0.5%, following a 0.9% jump in October that was the biggest in eight months.
Economists had forecast a 0.3% gain, Bloomberg reported.
The LEI is closely watched by trucking companies because it forecasts business activity for the next three to six months.
An index of leading economic indicators continued to rise in September, the New York-based Conference Board said Thursday.
The index climbed 0.2% after a 0.3% gain last month.
The gain, which was the smallest since a decrease in April, matched economists’ forecasts, Bloomberg reported.
The LEI is closely watched by trucking companies because it forecasts business activity for the next three to six months.
