Thursday, September 3rd6.1°C
27215
26758

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




Recent Trending




Today's Market
S&P TSX13702.89+157.64
S&P CDNX554.48+4.43
DJIA16530.23+178.85
Nasdaq4795.52+45.54
S&P 5001972.65+23.79
CDN Dollar0.7587+0.005
Gold1123.80-8.70
Oil47.80+1.55
Lumber234.70+0.70
Natural Gas2.668+0.020

 
Okanagan Companies
Pacific Safety0.20-0.02
Knighthawk0.010.00
QHR Technologies Inc1.21+0.02
Cantex0.04-0.01
Anavex Life Sciences1.14-0.11
Metalex Ventures0.05-0.00
Russel Metals21.55+0.68
Copper Mountain Mining0.66+0.05
Colorado Resources0.075-0.010
ReliaBrand Inc0.0045+0.0005
Sunrise Resources Ltd0.02+0.00
Mission Ready Services0.08-0.01
Decisive Dividend Corp2.40-0.22

 



27504

FEATURED Property
2386861742 Kuipers Crescent
3 bedrooms 4 baths
$1,495,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Where does the money go?

Photo: Thinkstock.comOne of the major components of business relationships that involve money are the fees in the investment industry. There is currently a quiet battle being waged between the practit...


Agree to ask questions

Photo: Thinkstock.comThe STORY: I think, said Janet to herself, that I just figured out a solution to my problem of letting the prospect run the meeting.With that thought in mind, she got out of her c...


Your business is not a bank

Photo: Thinkstock.comYour plumbing business is not a bank. But when you are giving terms to customers that exceed what you get from your suppliers, you become one. And every time that someone does not...

_





26376


Member of BC Press Council


27373