A broad measure of how well the U.S. economy is performing surged in June after a strong gain in May, suggesting growth could speed up in the months ahead.

The leading economic index jumped 0.6% last month after a revised 0.4% increase in May, the Conference Board said Thursday.

“The U.S. LEI rose sharply in June, pointing to continued growth in the U.S. economy and perhaps even a moderate improvement in GDP growth in the second half of the year,” said Ataman Ozyildirim, director of business cycles and growth research at the board.

Read More

Our powerful DNA Force Plus is now back in stock at 50% off with double Patriot Points and free shipping!


Related Articles