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The Conference Board Leading Economic Index for the U.S. Dips

The Conference Board announced today that its Leading Economic Index®(LEI) for the U.S. declined 0.1 percent in April, following a 1.3 percent gain in March, and a 0.4 percent rise in February.

"These latest results suggest a recovery that will continue through the summer, although it could lose a little steam. The U.S. LEI declined slightly for the first time in more than a year, and its six-month growth rate has moderated since December. Meanwhile, the coincident index, a measure of current economic activity, has been improving since mid-2009," said Ken Goldstein, an economist at The Conference Board.

The Conference Board Coincident Economic Index® (CEI) for the U.S. rose 0.3 percent in April, following a 0.1 percent increase in March, and a 0.1 percent increase in February.

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