term growth," Conference Board economist Ataman Ozyildirim said in a statement. "However, easing in the LEI's six-month change suggests that we may be entering a period of more moderate expansion. With the February increase, the LEI remains in growth territory, but weakness in the industrial sector and business investment is holding economic growth back, despite improvements in labor markets and consumer confidence," Ozyildirim said. The report's coincident index, which measures current conditions, rose 0.2 percent in Februarys, while the lagging index, which measures past conditions, rose 0.3 percent.
