WASHINGTON (AP) — A measure of future U.S. economic activity declined in June, the latest signal that the economic recovery is sputtering.
The Conference Board said Thursday that its index of leading economic indicators declined 0.3 percent in June after a 0.4 percent increase in May. The index fell 0.1 percent in April, its first drop in seven months.
Weakness in new orders, consumer expectations and building permits contributed to the decline.
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