HVAC Breaking News

June 20, 2003: Leading Economic Index Rises

June 20, 2003
/ Print / Reprints /
/ Text Size+
NEW YORK — The Conference Board announced that its Index of Leading Economic Indicators increased 1 percent in May following a 0.1 percent gain in April.

According to the Conference Board, this increase was largely due to stock prices, real money supply, and consumer expectations, but most other components also increased slightly. The Board noted, “It is possible that these two consecutive increases reflect the beginning of an upward trend, thereby ending the flat trend that began in early 2002.”

The increased strength in the leading indicators is shown by a rise in the diffusion indexes, which measure the proportion of the components that are rising. The one- and six-month diffusion indexes are now at or above 50 percent, up from lower levels earlier in the year.

The coincident index, a measure of current economic conditions, increased modestly in May after holding steady in the previous two months.

Publication date: 06/16/2003

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

Recent Articles by Greg Mazurkiewicz

You must login or register in order to post a comment.



Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.


NEWSMakers: John Missell

John Missell, vice president and COO of Spectrum Design, joins the program to discuss how his company has utilized geothermal technologies, and we examine the future of renewable energy resources. Posted on Aug. 15.

More Podcasts


NEWS 08-18-14 cover

2014 August 18

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Prohibiting HFCs

EPA is proposing a rule that would prohibit some HFCs in select refrigeration applications. Do you agree with this move?
View Results Poll Archive


2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research


Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Magazine image
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.


facebook icontwitter iconyoutube iconLinkedIn i con