Leading Economic Index Dips In U.S. in August

Sept. 23, 2005
The Conference Board's index of leading economic indicators for the U.S. declined two-tenths of a percentage point in August and now stands at 137.6 (1996=100). The economic effects of Hurricane Katrina, which hit the Gulf Coast on August 29, are not ...

The Conference Board's index of leading economic indicators for the U.S. declined two-tenths of a percentage point in August and now stands at 137.6 (1996=100). The economic effects of Hurricane Katrina, which hit the Gulf Coast on August 29, are not reflected in its August data, the New York-based business research group noted.

August was the second consecutive monthly decline in the leading indicators, which preview the economy's expected track during the next six months. The Conference Board originally reported a slight increase in the indicators for July, but revised that to a slight decrease as more data on new manufacturing orders came in.

Popular Sponsored Recommendations

Global Supply Chain Readiness Report: The Pandemic and Beyond

Sept. 23, 2022
Jabil and IndustryWeek look into how manufacturers are responding to supply chain woes.

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

How Organizations Connect and Engage with Frontline Workers

June 14, 2023
Nearly 80% of the 2.7 billion workers across manufacturing, construction, healthcare, transportation, agriculture, hospitality, and education are frontline. Learn best practices...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!