Leading Indicators Slightly Off Again

The leading indicators of growth in the economy ran at a slightly slower pace in December, but that's coming off record peaks.

The index of leading economic indicators declined in December, the Conference Board reported on Friday. It was the fourth decline in the past five months.

"The US LEI declined slightly in December, driven by large negative contributions from rising unemployment insurance claims and a drop in housing permits," said Ataman Ozyildirim, a senior economist at The Conference Board.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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