U.S. Leading Economic Indicators Fall 0.2% to 99.1 in June

According to the Conference Board on July 20, U.S. leading economic indicators fell 0.2% in June to 99.1, reversing two months of gains and missing the market consensus expectation of a 0.1% decline. Consumer sentiment contraction and declining building permits across most categories weighed on the index, though financial components remained supportive. The Conference Board raised its 2026 GDP growth forecast to 1.9% from 1.8%, citing sustained corporate investment in artificial intelligence.
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