Thursday, September 18th14.4°C
19716
20950

Gauge of US economy's health rises a steady 0.1 per cent in December

WASHINGTON - A measure of the economy's health rose modestly in December, suggesting that growth will remain steady early this year.

The Conference Board said Thursday that its index of leading indicators rose 0.1 per cent last month. That's down from a 1 per cent gain in November, the month after a partial 16-day shutdown of the federal government.

The index is designed to signal economic conditions over the next three to six months.

The surge in stock prices helped lift the index last month. Worries about upcoming budget battles in Washington could cause businesses and consumers to curb their spending. But Conference Board economist Ken Goldstein said a "better-than-expected holiday season might point to sustained stronger demand and could put the U.S. on a faster growth track in 2014."

The Canadian Press


Read more Business News

23438


Recent Trending




Today's Market
S&P TSX15439.35-19.53
S&P CDNX966.54-5.97
DJIA17252.5195.66
Nasdaq4590.036+27.847
S&P 5002009.80+8.23
CDN Dollar0.9126+0.0048
Gold1227.70-8.2001
Oil93.14-1.28
Lumber349.00+1.00
Natural Gas4.009-0.068

 
Okanagan Companies
Pacific Safety0.16-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.32+0.07
Cantex0.055-0.005
Anavex Life Sciences0.2295-0.0066
Metalex Ventures0.060.00
Russel Metals36.99+0.62
Copper Mountain Mining2.70-0.03
Colorado Resources0.16-0.01
ReliaBrand Inc0.024-0.003
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.290.00

 



23486

FEATURED Property
1982482401 - 1160 Sunset Drive
2 bedrooms 2 baths
$569,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...


Power-save your way to a down payment

Part 1 of 2 Photo: Thinkstock.com1. Move in with your parents or in-laws Explain that you're thinking strategically in moving back home. The quickest way to get into the housing market is to ma...


Price Guarantees

Article written by Linda Bustos Though I’d never recommend “lowest prices” as a unique selling proposition, I notice many retailers use a Price Match Guarantee or even a 110% Guara...

_








Member of BC Press Council


22962