A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators unexpectedly increased for the first time in two years in February.
The Conference Board said its leading economic index inched up by 0.1 percent in February after falling by 0.4 percent in January. Economists had expected the index to decrease by 0.3 percent.
The unexpected uptick marked the first increase by the leading economic index since February 2022.
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Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.