WASHINGTON (AP) — A measure of future U.S. economic activity fell in April after six months of increases. The drop reflected weakness in housing and hiring.

The Conference Board says its index of leading economic indicators declined 0.1 percent in April from March.

The index now stands at 95.5. That's down slightly from a March reading of 95.6, which had been the highest level since mid-2008. Before the recession began in December 2007, the index routinely topped 100.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.