August 2016 US leading index
Prior 0.4%. Revised to 0.5%
"While the U.S. LEI declined in August, its trend still points to moderate economic growth in the months ahead," said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. "Although strengths and weaknesses among the leading indicators are roughly balanced, positive contributions from the financial indicators were more than offset by weakening of nonfinancial indicators, such as leading indicators of labor markets, suggesting some risks to growth persist."
The same old problem. Not all parts of the economy are pulling in the same direction.
There's not often that much trading weight put on these indexes but that's this, and the earlier national activity index both pointing down now.
