2008-08-21 / News

Leading economic indicators fell sharply in July

By ELLEN SIMON AP Business Writer
NEW YORK (AP) _ A private business group's measure of the economy's health showed the largest drop in one year as stocks fell, new building permits declined and unemployment rose. The New York-based Conference Board's said Thursday its monthly forecast of future economic activity fell 0.7 percent in July, far more than the consensus estimate of a 0.


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