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Leading Economic Index for the US increased again in June

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Leading Economic Index for the US increased again in June

Economic outlook continues on a moderate growth path.

The Conference Board Leading Economic Index for the US increased 0.6% in June, following a 0.8% increase in May, and a 0.6% increase in April.

"The upward trend in the US LEI seems to be gaining more momentum with another large increase in June pointing to continued strength in the economic outlook for the remainder of the year," said Ataman Ozyildirim, Director, Business Cycles and Growth Research, at The Conference Board. "Housing permits and the interest rate spread drove the latest gain in the LEI, while labor market indicators such as average workweek and initial claims remained unchanged."

The Conference Board Coincident Economic Index for the US increased 0.2% in June, following a 0.2% increase in May, and a 0.3% increase in April.  

The Conference Board Lagging Economic Index for the US increased 0.7% in June, following a 0.1% increase in May, and a 0.2% increase in April.

 

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