Leading Economic Index Falls Slightly For June

The Conference Board said the U.S. leading index decreased 0.2 percent, the coincident index increased 0.1 percent, and the lagging index held steady in June. The leading index fell slightly in June, the first decline since March 2003.

June’s weakness was not widespread, and some of the decline was from the average manufacturing workweek (which was most likely the result of many businesses being closed for President Reagan’s funeral). While the leading index is still on an upward tren

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