Leading Indicators Fall 0.6 Pct. in May
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A widely watched gauge of economic activity slipped in May, the Conference Board said Thursday, suggesting that the nation&#039;s economy is likely to cool in the coming months.
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Investor's Business Daily - The Business Roundtable&#39;s CEO Economic Outlook Index fell 3 points to 81.9 in May amid high energy prices and the housing slump. But that&#39;s still well-above the boom-bust line of 50. Most executives expect sales, capital spending and hiring to be flat or rise in the coming months. &quot;While the survey does suggest that the economy is settling into a softer consolidation phase, as long as consumers keep spending, the economy can continue to move ahead,&quot; said Harold McGraw, the group&#39;s chairman.
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New orders at U.S. factories fell a smaller-than-forecast 0.5 percent in May, logging the first decline in four months.
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The Conference Boardâs index of leading economic indicators declined 0.3 percent in June, more than the expected 0.1 percent.
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Business & money: Sixth successive month of price falls, and mortgage lending at two-year low despite rate cuts
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British 12-month inflation slowed further to 2.5 percent in May, marking the second monthly drop in a row after 2.8 percent in April, official data showed on Tuesday.
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UK inflation slowed to 2.5% in May, the weakest in seven months, as gas and electricity prices fell.
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Sales of existing U.S. homes slipped  in May, another sign of a gradually cooling housing market as  mortgage rates rise, while consumer confidence rose slightly in  June, according to reports on Tuesday.
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Pending sales of existing U.S. homes  in May unexpectedly fell to their lowest level in more than  5-1/2 years, data from a real estate trade group showed on  Tuesday in a sign of continued weakness in the housing sector.
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WASHINGTON --Orders for US durable goods fell more than forecast in May, the first report to cast doubt on the strength of the rebound in business investment.
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The Index of Leading Economic Indicators, a widely watched barometer of future economic activity, edged lower in September for the fourth month in a row, indicating a slowing in economic growth, a private research group reported Thursday.
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Fresh signs of a weak housing sector and a modest drop in new orders received by U.S. factories during May implied the economy was struggling to gain momentum in the second quarter.
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WASHINGTON : A closely watched index of future economic activity fell for a third straight month, suggesting a tepid pace of growth for the world&#39;s largest economy, analysts said.
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Japanese stocks dropped, with benchmarks poised for their biggest slides in six months. Exporters such as Toyota Motor Corp. led decline after the dollar plunged to its lowest against
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Americans spent less than forecast in May, a sign that a consumer slowdown is restraining price pressures.
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WASHINGTON --A closely watched gauge of future economic activity slipped for a second straight month, a performance viewed as signaling a slowdown but not a recession.
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U.S. manufacturing growth slowed in  June and construction spending in May unexpectedly staged its  biggest drop since September 2004, data showed on Monday,  adding to signs the economy is cooling.