WASHINGTON (AP) — A measure of the U.S. economy’s future health improved only slightly in May. But the modest gain followed a jump in April that suggests economic growth could pick up later this year.
The Conference Board says its index of leading indicators increased 0.1 percent last month to a reading of 95.2. That followed a stronger 0.8 percent rise in April.
Of course, the markets tumbled after Bernanke said that his QE would start tapering and end next year.