Another Sign the Economy is Coming Back

Great news came out today!! Here is what the Atlanta Business Chronicle had to say about it:

The Conference Board's Index of Leading Economic Indicators rose this month, the latest sign that an economic recovery may be around the corner.

The LEI, which gauges economic activity in the next three to six months, advanced 1 percent in May, the biggest monthly gain in more than three and a half years. It follows a 0.2 percent decline in April.

May's LEI gain was the first increase in seven months.

Stock prices, interest rates and rising orders for manufacturers were among things that contributed to the increase, according to the Conference Board.

Earlier this week, a report showed confidence among U.S. Homebuilders rose this month.
University of Michigan's Consumer Sentiment Index also rose more than expected this month.
The last two consumer confidence reports from the Conference Board also rose. It will report May confidence at the end of the month, and it is forecast to post its third consecutive increase.