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THE ECONOMY.(TO THE POINT)
Leading index up 0.1% in March
The gauge of future economic activity signaled modest growth through late summer. Analysts expected the Index of Leading Economic Indicators to climb 0.3% after a flat Feb. A longer workweek and higher stock prices led the gain. Jobless claims, building permits and capital goods hurt. The coincident index rose 0.2%, after rising 0.2% in Feb.
Continuing claims at 19-yr. high
Claims by those already out of work rose to 3.84 mil in the week ended April 6, the latest data available. It's a sign that those unemployed are struggling to find new jobs, the Labor Dept. said. New jobless claims rose 1,000 to 445,000 in the April …
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News wire article from: Asia Africa Intelligence Wire
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News wire article from: Europe Intelligence Wire
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