This, in turn, will limit the growth of non-residential investment |
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Conference Board’s Index of Leading Indicators (June, Monday 8:30 ET) F: -0.5% C: -0.1% P: 0.1% Some indicators used to calculate the leading index worsened significantly in June, reflecting a deterioration of economic activity at the end of the second quarter. For instance, the Consumer Confidence Index fell to the lowest level since February 1992, while the S&P 500 declined 4.4% amid bad news on the financial and energy fronts. On the manufacturing side, average hours worked decreased
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