09152019Sun
Last updateThu, 12 Sep 2019 5pm

Manufacturing & The Economy

U.S. Leading Economic Indicators Up in July

The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.5% in July to 112.2, following a 0.1% decline in June, and a 0.1% decline in May.

“However, the manufacturing sector continues exhibiting signs of weakness and the yield spread was negative for a second consecutive month. While the LEI suggests the U.S. economy will continue to expand in the second half of 2019, it is likely to do so at a moderate pace,” said Ataman Ozyildirim, senior director of economic research at The Conference Board.

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