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."
Read more Business News
- Girl abducted, sexually assaultedBC
- 102nd birthday boat cruiseKelowna
- Fundraising effort with a twistKelowna
- Burning pole cuts powerWest Kelowna
|QHR Technologies Inc||1.19||0.00|
|Anavex Life Sciences||0.24||0.00|
|Copper Mountain Mining||2.91||-0.05|
|Sunrise Resources Ltd||0.025||0.00|
|Mission Ready Services||0.25||+0.01|
There are several things to consider when deciding how much home to buy. 1. Draw up a budget including the new mortgage payments. While the rules used by most lenders require that the mortgage paym...
Photo: ContributedI would call it a joy ride... You see a planned project or business has a destination. It may be an ongoing revenue stream, it may be a business value or an exit strategy. If you don...
Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of &ls...