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'Recession may ease this summer' - CB Economist
22
Apr '09
The Conference Board Leading Economic Index (LEI) for the U.S. declined 0.3 percent in March, following a 0.2 percent decrease in February, and a 0.2 percent decline in January.

Says Ken Goldstein, Economist at The Conference Board: “The recession may continue through the summer, but the intensity will ease. There have been some intermittent signs of improvement in the economy in April, but the leading economic index and most of its components are still pointing down.”

The Conference Board Coincident Economic Index (CEI) for the U.S. declined 0.4 percent in March, following a 0.6 percent decline in February, and a 0.9 percent decline in January. The Conference Board Lagging Economic Index declined 0.4 percent in March, following a 0.3 percent decline in February, and a 0.2 percent decline in January.

The Conference Board

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