U.S. Leading Economic Index Unexpectedly Inches Higher In April


A reading on leading U.S. economic indicators unexpectedly edged slightly higher in the month of April, according to a report released by the Conference Board on Friday.The Conference Board said its leading economic index crept up by 0.1 percent in April after falling by 0.6 percent. Economists had expected the index to dip by 0.3 percent.”The US LEI increased slightly in April, driven mainly by a…

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