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Leading Economic Index for the US declines slightly

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Leading Economic Index for the US declines slightly

Moderate economic growth expected to continue in near term.

The Conference Board Leading Economic Index for the US declined 0.2% in December, following a 0.5% increase in both November and October.


"The US LEI fell slightly in December, led by a drop in housing permits and weak new orders in manufacturing," said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. "However, the index continues to suggest moderate growth in the near-term despite the economy losing some momentum at the end of 2015. While the LEI's growth rate has been on the decline, it's too early to interpret this as a substantial rise in the risk of recession."


The Conference Board Coincident Economic Index for the U.S. increased 0.1% in December, following a 0.1% increase in November, and a 0.2% increase in October.


The Conference Board Lagging Economic Index for the US increased 0.2% in December, following a 0.3% increase in November, and a 0.2% increase in October.

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