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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 This material may not be published, broadcast, rewritten or redistributed.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 54 266 12,031
MORTGAGES 111 406 15,756
FORECLOSURE NOTICES 27 107 3,130
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 73 364 11,671
BUSINESS LICENSES 17 119 4,274
UTILITY CONNECTIONS 121 549 17,732
MARRIAGE LICENSES 23 104 3,668

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