Shutterstock 10904174091

MARKET UPDATE: AUGUST 2018 IN REVIEW

Overall, economic reports released in August—mostly reflecting economic activity in July—indicated solid U.S. economic growth without significant inflationary pressures, even though evidence grew of some cooling from trade concerns. The Conference Board’s Leading Economic Index (LEI), an aggregate of 10 leading indicators, increased 0.6% in July and 6.3% year over year, signaling low odds of recession in the coming year. Click here to read more.