After reporting a notable increase by U.S. leading economic indicators in the month of July, the Conference Board released a report on Thursday showing an unexpected decrease by its leading indicators index in the month of August.
The Conference Board said its leading economic index edged down by 0.1 percent in August following a revised 0.5 percent increase in July. The drop surprised economists, who had expected the index to come in flat compared to the 0.4 percent increase originally reported for the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.