U.S. leading indicators climbed 0.3% in March. The figures from the private think-tank, The Conference Board, show 7 of the 10 indicators in the leading index contributed to the increase, led by interest rate spreads, building permits and stock prices.
Existing home sales in The States fell 2.6% in March, the second consecutive monthly decline. However, they are up more than 5% compared to March of last year. The latest figures from the National Association of Realtors send a mixed message as the supply of homes tightened and prices edged upward.
One note from Canada:
The number of people collecting Employment Insurance declined 1.2% in February, to just over 552,000. The number of people applying or re-applying for E-I also declined in February, falling 2.5% to 236,000.
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