Conference Board News Release (10/22/15)
The Conference Board Leading Economic Index for the U.S. declined 0.2% in September to 123.3. The index was unchanged in August.
“Despite September’s decline, the U.S. LEI still suggests economic expansion will continue, although at a moderate pace,” says Ataman Ozyildirim, director of business cycles and growth research at the Conference Board. “The U.S. economy is on track for moderate growth of about 2.5% in the coming quarters, despite the mixed global economic landscape.”
The Conference Board Coincident Economic Index for the U.S. increased 0.2% in September to 112.8, following a 0.1% increase in August. The Conference Board Lagging Economic Index for the U.S. increased 0.5% in September to 119.0, following a 0.1% increase in August.
Exclusive Guide From Gibraltar—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.