Index of US economic health shows small gain in August, signaling moderate growth
{{#rendered}} {{/rendered}}FILE - In this Sept. 1, 2015 file photo, workers clean the facade around a window of the new Broad Museum in downtown Los Angeles. The Conference Board releases its index of leading indicators for August on Friday, Sept. 18, 2015. (AP Photo/Richard Vogel, File) (The Associated Press)
An index of future U.S. economic health edged up slightly in August after a flat reading in July. The outcome in both months signaled economic growth could be moderating.
The Conference Board says its index of leading indicators posted a 0.1 percent rise in August following no change in July and a 0.6 percent jump in June. The July reading had initially been reported as a decline of 0.2 percent.
Conference Board economists say the index is signaling that growth will be moderate through the rest of the year.