Leading Indicator Predicts Economic Decline in Coming Months

Date:

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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Feds Preferred Inflation Measure Rises to 3.5 Percent in March Amid Iran War

A man at a gas station in Elkridge, Md.,...

How Does Medicare With Employer Coverage Work?

Before you delay Medicare, understand how it works with...

Your 401(k) Gift Could Be a Retirement Trap

Not preparing for tax consequences is one of the...

US Charges Mexican Governor, Officials for Allegedly Aiding Sinaloa Cartel

After Mexican security forces captured Ovidio Guzmán, a son...