Leading Indicators Are Unchanged
NEW YORK (AP) _ A key gauge of future economic activity held steady in August in a sign the nation’s economy remains healthy and should continue expanding through early next year.
The Conference Board, a private research group, reported today that its Index of Leading Economic Indicators was unchanged last month. It had rebounded 0.5 percent in July after two months of declines.
The index, which stood at 105.5, was in line with economists’ expectations.