Copyright Notice:
Transport Topics content is protected by U.S. copyright law and may not be used
without prior written
Permission.
Updated:
12/17/2009 10:30:00 AM
Leading Economic Indicators Rise for Eighth Month
An index of leading economic indicators improved for an eighth straight month in November, the New York-based Conference Board said Thursday.
The LEI rose 0.9%, following a 0.3% gain in October, the group said.
The index was projected to rise 0.7%, Bloomberg reported.
The LEI is closely watched by trucking companies because it forecasts business activity for the next three to six months.
© 2010, Transport Topics Publishing Group. All rights reserved.