U.S. Leading Economic Index Unexpectedly Dips 0.3% In March

RTTNews | 13 days ago
U.S. Leading Economic Index Unexpectedly Dips 0.3% In March

(RTTNews) - The Conference Board released a report on Thursday showing an unexpected pullback by its index of leading U.S. economic indicators in the month of March.

The report said the leading economic index fell by 0.3 percent in March after rising by 0.2 percent in February. The modest advance in February marked the first increase by the leading index in two years.

Economists had expected the index to come in unchanged compared to the 0.1 percent uptick originally reported for the previous month.

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U.S. Consumer Confidence Index Drops To Lowest Level Since July 2022

U.S. Consumer Confidence Index Drops To Lowest Level Since July 2022

A report released by the Conference Board on Tuesday showed consumer confidence in the U.S. deteriorated by much more than expected in the month of April. The Conference Board said its consumer confidence index slid to 97.0 in April from a downwardly revised 103.1 in March. Economists had expected the index to dip to 140.0 from the 104.7 originally reported for the previous month.
RTTNews | 1 day ago
Chicago Business Barometer Unexpectedly Drops To Lowest Level Since November 2022

Chicago Business Barometer Unexpectedly Drops To Lowest Level Since November 2022

MNI Indicators released a report on Tuesday showing Chicago-area business unexpectedly contracted at an accelerated rate in the month of April. The report said the Chicago business barometer dropped to 37.9 in April from 41.4 in March, with a reading below 50 indicating contraction. Economists had expected the index to rise to 44.9.
RTTNews | 1 day ago
U.S. Consumer Sentiment Dips More Than Previously Estimated In April

U.S. Consumer Sentiment Dips More Than Previously Estimated In April

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than previously estimated in the month of April. The University of Michigan said its consumer sentiment index for April was downwardly revised to 77.2 from a preliminary reading of 77.9.
RTTNews | 5 days ago