Key indicators gain, signaling pickup
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WASHINGTON — a gauge of future U.S. economic activity posted an increase of solid in October and, according to the representatives of the Conference Board, reported a potential pickup in the pace of future activities.
Business research group said Thursday its first Economic Index increased 0.5 percent in October, matching revised September and an advance August 0.1% gain.
"The economy is slow, but more recent American initiative data suggest that the change may be around the corner, said Ken Goldstein, Economist at the Conference Board."
"Expect modest holiday sales leads by abruptes.Mais refresh after a post-holiday lull indicators are suggesting a slight pick-up this spring." he added.
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