The U.S. grew more slowly in September and growth is likely to remain soft in the months ahead.
The leading economic index slipped 0.1% in September and fell for the second month in a row, the privately run Conference Board said Friday.
The narrowing spread between short-term and long-term U.S. interest rates — often a precursor to recession — was another negative.Read: Home builders haven’t been this optimistic since early 2018 and here’s why The damage has been enough to push the U.S. and China to resume negotiations, but it’s still unclear if there’s enough consensus for the two countries to strike a deal. The spat is likely to remain a drag on the global economy until there’s a sharp de-escalation in tensions.
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