Image: The Epoch TimesSix-Month Leading Economic Index Turns Positive for 1st Time in 4 Years: Conference Board
• The Conference Board reports that the Six-Month Leading Economic Index has turned positive for the first time in four years, driven largely by business investments in artificial intelligence. • In contrast, Walmart reported its slowest sales growth in over six years on August 20, signaling potential financial strain on consumers despite Bank of America economists suggesting seasonal factors may be at play. • To combat declining consumer spending and the impact of inflation, Walmart plans to utilize tariff refunds to lower prices and attract shoppers back.
theepochtimes.com
