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Conference Board Leading Economic Index for US increases in June

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Conference Board Leading Economic Index for US increases in June

0.3% increase reverses a 0.2% decline in May.

The Conference Board Leading Economic Index for the US increased 0.3% in June, following a 0.2% decline in May, and a 0.5% increase in April.

The expansion still appears resilient enough to weather volatility in financial markets and a moderating outlook in labor markets."

"The US LEI picked up in June, reversing its May decline," said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. "Improvements in initial claims for unemployment insurance, building permits, and financial indicators were the primary drivers. While the LEI continues to point to moderating economic growth in the U.S. through the end of 2016, the expansion still appears resilient enough to weather volatility in financial markets and a moderating outlook in labor markets."

The Conference Board Coincident Economic Index for the US increased 0.3%, following no change in May, and a 0.2% increase in April.

The Conference Board Lagging Economic Index for the US declined 0.1% in June, following a 0.4% increase in May, and a 0.2% increase in April.

 

 

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