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2025-09-18 22:39:39
[U.S. leading indicators show that the economy continues to slow] Data released on Thursday by the Conference Board, a research organization, showed that its leading economic index fell 0.5% to 98.4 in August, the biggest drop since April; the index rose 0.1% in July. Economists surveyed by The Wall Street Journal had previously expected the index to fall 0.2%. Justyna Zabinska-La Monica, senior manager of business cycle indicators at the Conference Board, said: "Overall, the leading economic index suggests that economic activity will continue to slow." She said that in addition to the continued weakness in new manufacturing orders and consumer expectations, the labor market trend also dragged down the index.
