The Leading Economic Index -a compilation and analysis of key government data on the economy–fell .3% last month, the Conference Board reported today.
The index has fallen 2.5% in the last six months. The index had fallen .2% in both January and February.
The New York-based research organization uses 10 pieces of data to determine the index. It reported that three of those -money supply, interest rate spread and the index of consumer expectations–had increased but not enough to offset the declines in areas such as the stock market results and housing starts.
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