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U.S. Leading Economic Index Dips Much Less Than Expected In January

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

A report released by the Conference Board on Friday showed its reading on leading U.S. economic indicators fell by much less than expected in the month of January.

The Conference Board said its leading economic index dipped by 0.3 percent in January after falling by a revised 0.8 percent in December.

Economists had expected the leading economic index to decrease by 0.8 percent compared to the 1.0 percent slump originally reported for the previous month.

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