Leading Economic Indicators Index Rose 0.6% In August

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Monday morning, the Conference Board released a report showing that leading economic indicators increased for the fifth consecutive month in August, although the pace of growth for the month was slightly slower than economists had been anticipating.

The Conference Board said its leading economic index rose 0.6 percent in August following an upwardly revised 0.9 percent increase in July. Economists had expected the index to increase by 0.7 percent compared to the 0.6 percent increase originally reported for the previous month.

Monday morning, the Conference Board released a report showing that leading economic indicators increased for the fifth consecutive month in August, although the pace of growth for the month was slightly slower than economists had been anticipating. (Market News Provided by RTTNews)