Pointing to a slowdown in the pace of U.S. economic growth, the Conference Board released a report on Wednesday showing only a slight uptick by its index of leading economic indicators in the month of October.
The Conference Board said its leading economic index inched up by 0.1 percent in October after climbing by an upwardly revised 0.6 percent in September. The modest increase by the index matched economist estimates.
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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.