Las Vegas Sun

March 29, 2024

Economic indicators index drops

The Conference Board said today its Composite Index of Leading Economic Indicators dropped by 0.3 percent in July to 116.0, following a revised decline of 0.1 percent in June. Last month was the first time in more than a year that the index had lost ground. The index is closely followed because it is designed to forecast the economy's health over the coming three to six months.

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