Business risk concept

ZERO HEDGE reports:

The Conference Board’s Leading Economic Indicators (LEI) accelerated its decline in March, dropping 1.2% MoM (far more than the 0.7% decline expected).

– The biggest positive contributor to the leading index was orders for non-defense capital goods ex aircraft at 0.02

– The biggest negative contributor was building permits at -0.28

This is the 12th straight monthly decline in the LEI (and 13th month of 15) – the longest streak of declines since ’Lehman’ (22 straight months of declines from June 2007 to ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.

    Topics

    Zero Hedge China