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Construction pullback weighs on economic outlook

Conference Board points to fewer building permits, weaker consumer expectations
Building permits emerged as a key drag on the U.S. economic outlook in June, according to the Conference Board.
Building permits emerged as a key drag on the U.S. economic outlook in June, according to the Conference Board.
CoStar News
July 20, 2026 | 9:58 P.M.

Leading economic indicators weakened in June from slowing development activity and softer consumer sentiment, according to the Conference Board’s latest measure.

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