02:34 PM EDT, 06/20/2025 (MT Newswires) -- The Philadelphia Federal Reserve's manufacturing reading remained at minus 4 in June, still indicating modest contraction in the sector after a sharp decline in the New York Fed's Empire State reading earlier in the week.

The Conference Board's Leading Economic Index fell by 0.1% in May after a 1.4% drop in April. The Conference Board said that it does not anticipate recession but does see a slowdown in growth in 2025 compared with a year earlier.