The composite index of leading economic indicators grew 0.4% in March, the Conference Board said Thursday.
The coincident index grew 0.2% in March, following a revised 0.1% gain in February that was originally reported as a 0.2% increase, while the lagging index rose 0.4% after a revised 0.3% increase in February, originally reported as a 0.2% gain.
The LEI rose a revised 1.0% in February, originally reported as 0.8%.
The index stands at 114.1, the coincident index is at 102.9 and the lagging index is at 108.3. The LEI has a baseline of 100, which reflects the level in 2004.
Economists polled by Thomson Reuters predicted LEI would be up 0.3% in the month.
"The U.S. LEI continues to point to sustained economic growth through year end," according to board economist Ken Goldstein.
"Global disruptions, including unrest in the Middle East, rising oil prices, and the Japan earthquake, may have some repercussions," he said. "However, it remains to be seen what the impact of these shocks will be on the United States and the broader global economy."
