Gauge of US economy’s health edges up 0.2 percent
By MARTIN CRUTSINGER
| The Associated Press
First Published Nov 27 2013 08:39 am • Last Updated Nov 27 2013 08:39 am
Washington » A measure of the U.S. economy’s health increased in October, suggesting consumers and businesses mostly shrugged off the 16-day partial government shutdown.
The Conference Board says its index of leading indicators rose 0.2 percent in October to a reading of 97.5. It was the sixth gain in seven months and followed large gains in the previous two months.
The index is designed to signal economic conditions over the next three to six months. The steady gains point to improvement, although the index is comprised of indicators that have already been released individually.
Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
About Reader Comments
Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account
. See more about comments here.