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VOL. 126 | NO. 34 | Friday, February 18, 2011

Leading Indicators Rise 0.1 Percent in January

AP

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NEW YORK (AP) – A private research group says its gauge of future economic activity rose a slim 0.1 percent in January, significantly slower than in recent months as a measure of the housing market tumbled.

The rise in the Conference Board's index of leading economic indicators was the seventh consecutive monthly advance.

But It was slower than the 0.8 percent rise in December and a 1.1 percent increase in November. Those had been the biggest increases since March.

The index can swing wildly from month to month. January's slowdown isn't necessarily a sign that economic growth will slacken over the next few months.

The leading indicators began moving sharply higher last fall as the stock market rallied, consumers spent more, the manufacturing sector grew steadily and the jobless rate dropped.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 378 15,444
MORTGAGES 67 456 20,235
FORECLOSURE NOTICES 12 121 4,007
BUILDING PERMITS 175 1,046 36,888
BANKRUPTCIES 58 290 14,633
BUSINESS LICENSES 16 80 5,209
UTILITY CONNECTIONS 76 388 22,205
MARRIAGE LICENSES 28 111 4,774

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