Suggesting a recession is increasingly likely before yearend, the Conference Board released a report on Thursday showing a slightly bigger than expected decrease by its index of leading U.S. economic indicators in the month of September.
The Conference Board said its leading economic index fell by 0.4 percent in September after revised data showed the index was unchanged in August.
Economists had expected the leading economic index to dip by 0.3 percent, matching the drop 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.