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U.S. Leading Economic Index Rise More Than Expected In March

4/19/2012 10:20 AM ET

Pointing to a more positive outlook, the Conference Board's leading economic index for the U.S. increased for the sixth consecutive month in March, according to a report released on Thursday.

The report showed that the leading economic index rose by 0.3 percent in March following a 0.7 percent increase in February and a 0.2 percent increase in January. Economists had been expecting the index to increase by 0.2 percent.

While the lagging economic index also rose by 0.3 percent in March, the coincident economic index increased by 0.2 percent.

by RTT Staff Writer

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