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US leading index for March -1.2% versus -0.6% estimate

Prior month -0.3% revised to -0.5%Leading index for March -1.2% versus -0.6% expectedThe index is down for the 12 consecutive monthThe LEI is down 4.5 percent over the six-month period between September 2022 and March 2023—a steeper rate of decline than its 3.5 percent contraction over the previous six months (March–September 2022).The index is at its lowest level since November 2020.Coincident economic index increased 0.2% after a 0.2% rise in Februarythe lagging economic index fell -0.2% follo... Read More

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Posted: Apr 20 2023, 14:00

Author Name: forexlive

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