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Article: THE CONFERENCE BOARD U.S. LEADING INDEX DECREASES 0.2 PERCENT
- Article from:
- US Fed News Service, Including US State News
- Article date:
- September 21, 2006
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The Conference Board issued the following news release:
The Conference Board announced today that the U.S. leading index decreased 0.2 percent, the coincident index increased 0.1 percent and the lagging index increased 0.3 percent in August.
* The leading index decreased again in August. From February to August, the leading index fell by 0.6 percent (a -1.2 percent annual rate). The leading index has declined in 5 of the last 8 months. Weaknesses and strengths among the leading indicators have been fairly balanced in recent months, resulting in a trend that is more flat than declining. Weakening housing permits and consumer expectations made the largest negative contributions to the leading ...