Monday, September 22nd8.8°C
23284

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.

The Canadian Press


Read more Business News

23481


Recent Trending




Today's Market

 
Okanagan Companies

 



23015

FEATURED Property
2084342723 Cassiar Pl.
$469,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Is this a fair offer from ICBC?

“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...


Disruptive innovation

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...


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...

_








Member of BC Press Council


22771