Reversing a slight decline in April, the Conference Board's index of leading U.S. economic indicators showed an unexpected increased in the month of May.
The Conference Board released a report Thursday showing that its leading economic index rose by 0.3 percent in May after edging down by 0.1 percent in April. Economists had expected the index to come in unchanged.
The report also showed that the coincident economic index rose by 0.2 percent, while the lagging economic index increased by 0.3 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.