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U.S. Leading Economic Index Slumps More Than Expected In June

Suggesting U.S. economic growth is likely to slow further in the near-term, the Conference Board released a report on Thursday showing its index of leading economic indicators decreased for the fourth straight month in June.

The Conference Board said its leading economic index slumped by 0.8 percent in June after falling by a revised 0.6 percent in May.

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by RTTNews Staff Writer

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