The Conference Board Leading Economic Index for the U.S. declined 0.2 percent in August to 124.1 (2010 = 100), following a 0.5 percent increase in July, and a 0.2 percent increase in June.

“While the U.S. LEI declined in August, its trend still points to moderate economic growth in the months ahead,” said Ataman Ozyildirim, director of business cycles and growth research at The Conference Board. “Although strengths and weaknesses among the leading indicators are roughly balanced, positive contributions from the financial indicators were more than offset by weakening of nonfinancial indicators, such as leading indicators of labor markets, suggesting some risks to growth persist.”

The Coincident Economic Index increased 0.1 percent in August to 114.1 (2010 = 100), following a 0.3 percent increase in July, and a 0.3 percent increase in June.

The Lagging Economic Index increased 0.2 percent in August to 122.1 (2010 = 100), following a 0.2 percent increase in July, and a 0.2 percent decline in June.