Report: Economic outlook less dismal

Conference Board index reverses 5-month downturn in March

Inman News

After five straight months of declines, The Conference Board's U.S. leading index for March showed a slight uptick in the outlook for the economy.

According to a report released today by the group, money supply, vendor performance and interest-rate spread pushed the index up 0.1 percent last month to a reading of 102 despite large negative impacts from rising jobless claims and lower building permit numbers and stock prices.

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