tested by Google Seach Nove Key US economic index up first time in 7 months 28y P, Parameswaran ~ 2 days apo WASHINGTON (AFP)— A key US economic inex rose in Api oth est imo in soven ‘ert, suogsirg te wots Bane aconomy fe paed Yor mosea growth ners on, the ‘Sontronee Soar td Thorsen ‘Tonia = erased {0 potent nA, falowrg a OB perc Sosa m Mach and 805 Decent decina n Feb. : Most analysts had expected a 0.8 porcontincoase ‘The leading incestors suggest hat whl the recesion wil cone in he naar tm, the ees wife es renee sc Hen Glisten an eccnrsa tre Confrence Bowe, « ‘The questan is how ong belts desines in atvy give wey to mal increases. he ‘nears continoe onthe cunt track, that pont mig be reached nto Secon ha ofthe yeuthosse. “Te positive cotibutrs to the indox — bgining wth te gost — ware stock prices ntorst {ale Sproase, consumer expoation, inal Sata er User aymen surance, manitactunng ‘our, supplrcatvarie and manclacture new on. ‘Thecne percent ig inthe index In Apis the biggest qin since November 208, sai an ion, cio US economist wih High Frequency Economies "We expoct anther sharp Increase nthe Index for May" he said “Even tis then flat in June it wal be up ata nes-sxporcant rat inthe second quar, he best pofomance since ihe second quar of 2004 and canaistont with our view a ha {sey recor ates vary modee gow nthe sume ura US autores expect te econemy to bttom out and ro later this yor, with Feder! Reserve aleymakes banking on & modest grow the socom haf of 2008 ‘The central bank revise ts ecenanie outlock Wednesday to show a dep In US outpet to 9 {ango of betwoon 18 and 2.0 prcont over 2003, but bad Sore of tho worst dcines may Bo US oconomi ouput cotracted a massive 6.1 porcont in tho fest quarter of 2008 after 28.3 parent sige nthe preveus querer. deceit Seer tater Seciuy ants mmareoemuer eee "Based on cycles since 196, the average led ime between the ugh inthe long index an ‘he affcsattugh im acviy as boon six months, wih a rane oom two to #1 Fonte he ‘Among key e2onomic concems the administration of President Barack Obama rapping with |S Unchymon ax ims sinh parol To ie Over the potnged eeanamie conctons cman an ptr yee ey en (Si eae Perr tata Sa tr a eet ms mee ae iy ora oly supa 2m eer ace srmnanntomma ae ae bat yt tte rt S80, nn doe seams Toten srt nee dit ee ‘clorinarme oe ceonmy th corinne oe 0 opdinnt ore pckipi EE Rupedaisdie esting onl PUN BAB om tore New Vor Stock ExchangeRolated articles What ro tacing inate anyway? Francil Post ~May 23,2008 ‘Conference Board oconeric index up foe Settimesinoe Jone Bijoumals com - May 21,2008 ‘Conference Board: US leading economic Ineators up, gest New York Daiy News May 21, 2000 More coverage (53) » (©2008 Gang - About Google News Blog - Hep Canter - Hap fr Publishers - Terms af Use - Privacy Pocy- Google Heme aly Inflation ts Coming ‘These 7 Desay Ingredients Could Wipe Out The Econery ~ Raper ‘tenons oan 3 Stocks to Steal Now Stock Guru Denis Slthouer Gives You 3 ‘Absolute Stols to Buy Now! {Your Bank In Trouble? Fre lst Of Banks Doomed To Fal. The ais and Brokers X List. Fre! ‘teaheay ington (CAGE) Ads Nows to your Google Homepage