The Leading Economic Indicators Index came in at 101.2 in July, continuing the trend of decline it has seen since January. Large contributors to the dip included building permits, stock prices and weekly initial claims for unemployment insurance. However, there were positive signs: the interest rate spread, the Index of Consumer Expectations, and manufacturers' new orders for nondefense capital goods.
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102.0
|
101.9
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101.9
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101.2
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Apr.
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May
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June
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July
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SOURCE: THE CONFERENCE BOARD
