Economic Buzz: US leading economic index dips slightly in June

A report released by the Conference Board on Monday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of June.

The Conference Board said its leading economic index declined by 0.3 percent in June following a revised unchanged reading in May.

Meanwhile, the Conference Board said its coincident economic index rose by 0.3 percent in June after coming in unchanged in both May and April.

The report also said the lagging economic index was unchanged in June after climbing by 0.4 percent in the previous month.

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