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