Conference Board News Release (07/19/12)
The Conference Board Leading Economic Index for the U.S. declined 0.3% in June to 95.6 (2004 = 100), following a 0.4% increase in May and a 0.1% decline in April. “The U.S. economy is growing very slowly,” says Conference Board economist Ken Goldstein. “The CEI basically reflects this steady but soft pace of overall economic activity. The LEI is pointing to no strengthening over the next few months, as the economy continues to sail through strong headwinds domestically and internationally.”
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