USA: unsurprising decline in leading indicators
The Conference Board's index of leading indicators published on Thursday fell by 0.1% to 101.6 last month, in line with economists' consensus.
In November, the index had risen by 0.4%, compared with an initial estimate of 0.3%, its first increase since February 2022.
Despite December's decline, the Conference Board says it expects US growth momentum to remain solid into the new year, anticipating GDP growth of 2.3% in 2025.
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