The numbers are in and they look good. According to the latest economic stats, the
US economy is showing signs of recover. The on-again, off-again recovery in the US has kept the global economic pundits on the fence. So far, extreme scenario forecasters suggesting a complete rebound or an economic Armageddon have been proven wrong. Leading indicators were up 0.4% in March. Earlier in February, the leading indicators were up by 1.0%.
The Conference Board reported that its Index of Leading Economic Indicators rose 0.4% in March after an upwardly revised February gain of 1.0%, originally reported at 0.8%. Consensus expectations were for a 0.3% increase during last month. The latest was the ninth consecutive monthly increase. The three-month growth in the series of 6.6% (AR) was down from its early-2010 high of 10.8%.
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