Leading U.S. economic indicators fell by much more than expected in the month of August, according to a report released by the Conference Board on Thursday.
The Conference Board said its leading economic index slid by 0.5 percent in August after inching up by a revised 0.1 percent in July.
The Conference Board said the leading economic index tumbled by 2.8 percent over the six months between February and August 2025, a faster rate of decline than the 0.9 percent contraction over the previous six-month period.
At the same time, the report said the coincident economic index rose by 0.2 percent in August after inching up by 0.1 percent in July, while the lagging economic index crept up by 0.1 percent in August after coming in unchanged in July.