economist at The Conference Board

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Economic Indicators Up, No Thanks to Home Building

May 22, 2009By

While the nation’s recession is likely to continue into the near term, the economy’s deterioration will be far less intense than in recent quarters, according to The Conference Board, whose Leading Economic Index released Thursday shows a significant 1.0% increase in April. The index posted a 0.2% decline in March and a 0.5% decline in February.