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Economy - Monday (Investor's Business Daily)

Started by riky, July 22, 2008, 10:43:31 AM

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riky

Economy - Monday
    (Investor's Business Daily)

 



Investor's Business Daily - The Conference Board's Index of Leading Economic Indicators fell 0.1% in June amid the financial crisis, the prolonged housing slump and high gasoline and food prices. "(It) wouldn't take much to push the economy so that it's even weaker in the second half of 2008," said Ken Goldstein, the group's labor economist. The May figure was revised down to a decline of 0.2% after an initially reported 0.1% rise.


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