Conference Board News Release (05/21/15)
The Conference Board Leading Economic Index for the U.S. increased 0.7% in April to 122.3, following a 0.4% increase in March.
“April’s sharp increase in the LEI seems to have helped stabilize its slowing trend, suggesting the paltry economic growth in the first quarter may be temporary,” says Ataman Ozyildirim, economist at the Conference Board. “However, the growth of the LEI does not support a significant strengthening in the economic outlook at this time. The improvement in building permits helped to drive the index up this month, but gains in other components, in particular the financial indicators, have been somewhat more muted.”
The Conference Board Coincident Economic Index for the U.S. increased 0.2% in April to 112.0, following a 0.1% decline in March. The Conference Board Lagging Economic Index increased 0.1% in April to 116.6, following a 0.5% increase in March.
New Webinar: CareerBuilder Staffing and Recruiting Talent Brief
As many as 75% of staffing and recruiting professionals say some of their currently existing talent acquisition and human capital management roles will be completely automated using technology over the next 10 years. Find out how this will impact your business.