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Conference board leading index for September -0.7% versus -0.4% expected

Leading economic indicator for September:Prior month -0.5% revised from -0.4%Leading index for September -0.7% versus -0.4% expectedThe decline is the 18th month in a rowThe only positive was the initial jobless claims. All the other leading indicators point to lower growth ahead (again)Coincident indicators:The Conference Board Coincident Economic Index (CEI) for the U.S. increased by 0.3% in September 2023 to 110.9 (2016=100).This follows a 0.1% increase in August.The CEI has shown a 1.1% grow... Read More

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Posted: Oct 19 2023, 14:04

Author Name: forexlive

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