US economic activity gauge rises in January
Credit: Reuters/Gary Hershorn
A full moon rises behind the skyline of Lower Manhattan and One World Trade Center in New York, January 15, 2014.
The Conference Board said on Thursday that its Leading Economic Index climbed 0.3 percent to 99.5 last month. That followed December's revised reading that showed the index was flat from the prior month.
Economists polled by Reuters had expected the index to gain 0.4 percent in January.
'Underlying economic conditions should continue to improve,' said Ataman Ozyildirim, an economist at the private Conference Board.
(Reporting by Jason Lange; Editing by Andrea Ricci)
Post a Comment for "US economic activity gauge rises in January"