Monday, April 27th12.8°C
25924
25263

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

25990


Recent Trending




Today's Market
S&P TSX15343.99-64.34
S&P CDNX696.58-1.12
DJIA18057.95-22.19
Nasdaq5069.24-22.84
S&P 5002113.16-4.53
CDN Dollar0.8262+0.0056
Gold1203.60+28.40
Oil57.37+0.22
Lumber256.50-2.00
Natural Gas2.476-0.055

 
Okanagan Companies
Pacific Safety0.12-0.01
Knighthawk0.010.00
QHR Technologies Inc1.41+0.03
Cantex0.035+0.005
Anavex Life Sciences0.40-0.03
Metalex Ventures0.11+0.02
Russel Metals27.20+0.04
Copper Mountain Mining1.23+0.08
Colorado Resources0.095+0.000
ReliaBrand Inc0.004-0.001
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.21+0.01
Decisive Dividend Corporation1.80+0.10

 





FEATURED Property
2274104 ADAMS LAKE BC
3 bedrooms 3 baths
$368,000
more details
image2image2
Click here to feature your property
Please wait... loading


Buy versus rent

Consider the top five reasons to buy versus rent: #5 Experience Freedom: Home ownership will free you from the ties that bind you to a landlord...no longer will you be dependent on someone else&rsq...


What's your score?

There was a time when we would sit down with nothing more than a sheet of paper and a sharp pencil to do the math. Totalling our expenses and subtracting our revenue, the amount left over was the answ...


Do you dare to dream?

Photo: Thinkstock.comI have never been able to understand why some people can only see as far ahead as the end of the current day. Instead of aiming for long term goals, they just wallow in their ever...

_



26091




Member of BC Press Council


25692