US leading economic index fall for third straight month in August
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The Conference Board reported Thursday that the Leading Economic Index fell for a third consecutive month in August, suggesting slower economic growth ahead amid rising oil prices.
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A closely watched measure of future economic activity fell in August for a third consecutive month, reflecting an uncertain climate for both businesses and consumers.
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The index of leading economic indicators fell in August by the most in six months, reflecting lower consumer confidence and a rise in initial claims for unemployment insurance.
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Manufacturing output has unexpectedly fallen for the third month in a row in August and at the sharpest pace in nearly two years, official data show.
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Applications for US home loans fell 6.3 percent last week after a brief bounce in early August spurred by a drop in mortgage rates, an industry group said on Wednesday.
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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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U.S. consumer confidence fell sharply  in August, breaking four straight months of gains, as a  slowdown in job creation and rising oil prices weighed on  sentiment.
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The dollar fell to a fresh three-month  low against the yen on Thursday as traders worried about the  U.S. economic outlook and the yawning trade deficit.
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The average asking price of homes up for sale has fallen for a third month in a row, Rightmove says.
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A gauge of future business activity fell in August, indicating company managers and US consumers remain uncertain about the economy.
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U.S. consumer confidence fell sharply in August, breaking four straight months of gains, as a slowdown in job creation and rising oil prices weighed on sentiment.
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August producer prices fell sharply and home builders became more worried about their sales outlook, data on Tuesday showed, in a gloomy picture for U.S. growth that the Federal Reserve underlined by slashing interest rates.
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U.S. Treasuries broke a three-day  rally and retreated on Thursday as investors turned cautious  before the climax of the week -- the August payrolls report.
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The Dow Jones share index tumbles more than 360 points, amid concerns over the state of the US economy.
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Stocks fell on Tuesday as a sharp drop  in U.S. consumer confidence in August stirred fresh doubt about  the economy and analysts lowered revenue forecasts for  technology bellwether Intel Corp. INTC.O
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Ken Goldstein, an economist at the New York-based Conference Board, said the latest decline in the index is &quot;a clear signal that the economy is losing steam.
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Stocks fell for a third straight session on Friday as concern over rising defaults in the subprime mortgage industry sent financial shares to their worst decline in a month.