Leading Indicator Predicts Economic Decline in Coming Months

GDP growth this year is expected to be slower than in 2024, said a business expert.
Leading Indicator Predicts Economic Decline in Coming Months
A hiring sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times
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A leading indicator of future economic activity declined in June, with a recession signal triggered as well, The Conference Board said in a July 21 statement.

The think tank’s Leading Economic Index (LEI), which provides an early indication of where the economy is headed over the near term, fell by 0.3 percent last month from May.

Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.