Leading U.S. economic indicators fell by much more than expected in the month of August, according to a report released by the Conference Board on Thursday.
The Conference Board said its leading economic index slid by 0.5 percent in August after inching up by a revised 0.1 percent in July.
Economists had expected the leading economic index to edge down by 0.1 percent, matching the dip originally reported for the previous month.
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Forex News
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.