Conference Board News Release (04/17/15)
The Conference Board Leading Economic Index for the U.S. increased 0.2% in March to 121.4, following a 0.1% increase in February.
“Although the leading economic index still points to a moderate expansion in economic activity, its slowing growth rate over recent months suggests weaker growth may be ahead,” says Ataman Ozyildirim, economist at the Conference Board. “Building permits was the weakest component this month, but average working hours and manufacturing new orders have also slowed the LEI’s growth over the last six months.”
The Conference Board Coincident Economic Index for the U.S. increased 0.1% in March to 112.0, following a 0.2% increase in February, and the Lagging Economic Index increased 0.4% in March to 116.2, following a 0.3% increase in February.
From Gibraltar: Exclusive Guide to Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.