Thursday, July 19, 2012

Leading Economic Indicators Decline by Most Since Last September

Bloomberg details:

The index of U.S. leading economic indicators fell more than forecast in June, a sign the U.S. economic expansion is slowing.
The Conferences Board’s gauge of the outlook for the next three to six months decreased 0.3 percent after a revised 0.4 percent increase in May, the New York-based group said today. Economists projected the gauge would drop by 0.1 percent, according to the median estimate in a Bloomberg News survey.

Source: Conference Board

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