Leading Economic Indicators Fall 0.8%

[Stay on top of transportation news: .]

An index of leading economic indicators declined in October for the third time in four months, the New York-based Conference Board said Thursday.

The 0.8% drop followed a 0.1% increase in September, the group said.

The decline was worse than economists’ forecasts of a 0.6% decline, Bloomberg reported.

The LEI is closely watched by trucking companies because it forecasts business activity for the next three to six months.



Ìý

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics