The Conference Board released a report on Friday showing a continued decrease by its reading on leading U.S. economic indicators in the month of May.
The report showed the Conference Board's leading economic index fell by 0.4 percent in May, matching the revised drop seen in April.
Economists had expected the leading economic index to decrease by 0.4 percent compared to the 0.3 percent dip originally reported for the previous month.
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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.