Leading index for U.S. economy falls 17th month in a row, but still no sign of recession

News Room
By News Room 1 Min Read

The numbers: The leading economic index fell 0.4% in August and declined for the 17th month in a row, but there’s still no sign the U.S. is headed for a recession.

Economists polled by the Wall Street Journal had forecast a 0.5% drop.

The leading index is a gauge of 10 indicators designed to show whether the economy is getting better or worse….

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