Points of investigation to the slowdown in economic growth
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WASHINGTON - a key to future U.S. economic activity gauge posted a third successive rise in September, but at a pace so modest that it involves only poor growth.
The independent Conference Board said Thursday that its first Economic Index increased 0.3 percent last month after a revision 0.1% gain in August and an increase of 0.2% in July.
Five of 10 separate measures of activity measured by the index in September led by closer and lower interest rate spread unemployment insurance claims. But others, including strengthening trust licensing and consumer levels August weakened.
"More than one year after the end of the recession, the economy is slow and has no momentum, said Ken Goldstein, an economist of the Conference Board."Main index suggest little change in economic conditions through the holiday season or early 2011.?
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