During September, the main indicator of economic activity in the United States declined

Show the report issued by the Institute "Conference board" American Economic Studies Review The main indicator of economic activity in United States during September.
The report stated on Tuesday that the index declined by 0.3% during September, after declining by the same percentage during August, according to revised data.
The senior director of business cycle indicators at "Conference board" Justyna Zabinska La Monica said that the main US business activity index fell again in September, recording a decline for the second year in a row, and the weak expectations of consumers and companies led to a contraction in the index in general.
She added that Consumer expectations and the US Institute for Supply Management’s new orders index contributed negatively to the economic activity index, followed by the index of new orders for manufacturers of consumer goods and materials, and claims for first-time unemployment benefits.
At the same time, stock prices, the main credit index, and manufacturers’ new orders for non-defense capital goods excluding aircraft contributed positively to the main index.

Economic Synchronization Index

The institute said that the main economic index fell by 2.1% during the six months from March to September. over the past six months, compared to a decline of 1.3% during the previous six months.

At the same time, the Institute "Conference board" The economic synchronization index, which measures the current economic situation, rose by 0.1% during September, after remaining unchanged during the previous month.
On the other hand, the economic lag index, which monitors financial conditions after major economic transformations, rose by 0.1% after rising by the same percentage during the same period.

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