Conference Board Leading Index for August, -0.2%

Three of the seven components increased

  • Positive contributors to the index—in order from the largest positive contributor to the smallest—are the yield spread, the sales to inventories ratio, and money supply
  • Rural goods exports, gross operating surplus* and building approvals declined
  • Share prices remained unchanged
  • Index increased 0.6 percent in July and increased 0.2 percent in June
  • During the six-month period through August, the leading economic index decreased 0.3 percent, and four of the seven components increased

Coincident Economic Index increased 0.2 percent in August

  • All four components increased in August … in order from the largest positive contributor to the smallest:
  • Employment, household gross disposable income, retail trade and industrial production