Leading Indicator Predicts Economic Decline in Coming Months

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Leading Indicator Predicts Economic Decline in Coming Months

A hiring sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times

A leading indicator of future economic activity declined in June, with a recession signal triggered as well, The Conference Board said in a July 21 statement.

The think tank’s Leading Economic Index (LEI), which provides an early indication of where the economy is headed over the near term, fell by 0.3 percent last month from May.

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