The Conference Board released a report on Friday showing its reading on leading U.S. economic indicators declined for the eleventh consecutive month in February.
The report said the leading economic index fell by 0.3 percent in February, matching the decrease seen in January. Economists had expected the index to dip by 0.2 percent.
"Negative or flat contributions from eight of the index's ten components more than offset improving stock prices and a better-than-expected reading for residential building permits," said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.