Leading Economic Indicators Rise in June
New York, NY, July 21, 2011 -- The Conference Board's index of leading economic indicators rose 0.3% in June.
The index had rebounded 0.8% in May after dropping 0.3% in April.
June’s reading may indicated that the recent slowdown won’t turn into a recession over the next few months.
Half of the 10 indicators that the Conference Board uses in its index showed improvement, four declined, and one was steady.