Leading Economic Index Falls In April

The Conference Board said the U.S. leading index decreased 0.2 percent, the coincident index increased 0.2 percent, and the lagging index increased 0.4 percent in April. The leading index fell again in April, which is now the fourth consecutive decline because February’s small increase was revised down to a small decrease. The leading index has declined at a 1 percent annual rate over the last six months, and there have been more weaknesses than strengths among the components in recent months

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