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The Conference Board Leading Economic Index® (LEI)for theU.S. declined 0.2 percent in September to 128.6 (2010 = 100), following a 0.4 percent increase in August, and a 0.3 percent increase in July.

« The US LEI declined slightly in September for the first time in the last twelve months, partly a result of the temporary impact of the recent hurricanes, » said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board.

« The source of weakness was concentrated in labor markets and residential construction, while the majority of the LEI components continued to contribute positively. Despite September’s decline, the trend in the US LEI remains consistent with continuing solid growth in the US economy for the second half of the year. »

The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.1 percent in September to 115.7 (2010 = 100), following no change in August, and a 0.1 percent increase in July.


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