India, March 20 -- A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of February.
The Conference Board said its leading economic index decreased by 0.3 percent in February after slipping by a revised 0.2 percent in January.
Economists had expected the leading economic index to dip by 0.2 percent compared to the 0.3 percent decline originally reported for the previous month.
"The US LEI fell again in February and continues to point to headwinds ahead," said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board.
"Consumers' expectations of future business conditions turned more pessimistic," ...