New orders and interest rate spread lifts Leading Indicators higher

|By:, SA News Editor

Mar. Leading Indicators: +0.4% to 126.7 vs. +0.2% consensus, +0.5% (revised) prior.

Coincident Index +0.2% to 114.9 vs. +0.0% prior.

Lagging Index +0.0% to 123.6 vs. +0.2% prior.

“The March increase and upward trend in the U.S. LEI point to continued economic growth in 2017, with perhaps an acceleration later in the year if consumer spending and investment pick up,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board