March 22 (Bloomberg) -- A closely watched gauge of the future direction of the U.S. economy fell by the most in a year last month as consumer sentiment weakened and builders scaled back construction plans.
The Conference Board's index of leading economic indicators fell 0.5 percent after a 0.3 percent drop in January that was initially reported as a gain, the New York-based group said today. The gauge points to the direction of the economy over the next three to six months.
I love those revisions. Makes you wonder. Is there a Cramer in the government?
The Conference Board's index of leading economic indicators fell 0.5 percent after a 0.3 percent drop in January that was initially reported as a gain, the New York-based group said today. The gauge points to the direction of the economy over the next three to six months.
I love those revisions. Makes you wonder. Is there a Cramer in the government?
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