The index of leading economic indicators fell 0.7 percent in June, the fifteenth monthly decline, the Conference Board said Thursday.
The leading index uses 10 indicators designed to show whether the economy should be expected to improve or worsen. Seven of the 10 indicators fell in June.
“The Leading Index has been in decline for fifteen months—the longest streak of consecutive decreases since 2007-08, during the runup to the Great Recession. Taken together, June’s data suggests economic activity will continue to decelerate in the months ahead. We forecast that the US economy is likely to be in recession from Q3 2023 to Q1 2024.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
NFL coaching seat temperature index: Who's feeling some heat heading into training camp?NFL head coaches lose their jobs every year. Sometimes it's in the middle of the season, sometimes it's near the end, and sometimes it's after the season ends. That means there are a number of coaches facing pressure as they head into 2023 training camps.
Baca lebih lajut »
USD Index faces some selling pressure near 100.30 ahead of US dataThe greenback bounces off earlier lows near the 100.00 region when gauged by the USD Index (DXY) on Thursday. USD Index now looks at data The index so
Baca lebih lajut »
USD Index may test 101.00 by the end of the week – INGEconomists at ING analyze the USD outlook. Dollar can consolidate or even tick higher again today The Philadelphia Fed index and existing home sales d
Baca lebih lajut »
S&P 500 Index: June 2024 price target is 4,400 – UBSOver the past six weeks, the S&P 500 is up nearly 8%, the best performance leading up to an earnings season since the first quarter of 2021. Economist
Baca lebih lajut »
Inflation, recession risks remain, stocks are fully valued: DamodaranThe 'Dean of Valuation' warns inflation and recession risks remain - and stocks may disappoint bulls in the second half
Baca lebih lajut »