Gauge of US economy's health rose 0.5 per cent in February, biggest gain in 3 months
WASHINGTON - A measure of the U.S. economy's health rose in February by the largest amount in three months, suggesting growth should rebound following a severe winter.
The Conference Board says its index of leading indicators increased 0.5 per cent in February following a slight 0.1 per cent rise in January and a 0.1 per cent decline in December. It was the best showing since a 0.9 per cent gain in November.
Conference Board economists say the better-than-expected increase indicates any weather-related problems the economy is experiencing now will be short-lived and the economy will be poised for better growth in the second half of this year.
Read more Business News
- Housefire in ArmstrongVernon / N. Okanagan
- Rally for recovery dayKelowna
- Fish festival educates kidsKelowna
- Wildfire destroys 10 homesWorld
“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...
Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...
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...