March's Leading Economic Indicators Surprise Economists
April 19, 2010 - Leading economic indicators, which measure the nation's outlook for the next three to six months, advanced in March by 1.4%. The LEI saw its largest increase seen in the last ten months, growing beyond most economists' expectations.
March's gain follows a revised 0.4% increase for February. With its release, the Conference Board said that the index is now at its highest level after rising for twelve consecutive months. A gradual economic recovery through the summer months is likely to help the markets rebound back from a volatile few years.