Source - SMW
The Conference Board Leading Economic Index for the US declined 0.2% in August to 124.1 (2010 = 100), following a 0.5% increase in July, and a 0.2% increase in June.

Director of business cycles and growth research  Ataman Ozyildirim said: "While the US LEI declined in August, its trend still points to moderate economic growth in the months ahead.

"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 labour markets, suggesting some risks to growth persist."