Home | Growth | Leading Economic Index for the US increases slightly

Leading Economic Index for the US increases slightly

By
Font size: Decrease font Enlarge font
Leading Economic Index for the US increases slightly

Increase follows two months of decline.

The Conference Board Leading Economic Index for the US increased 0.1% in February, following a 0.2% decline in January, and a 0.3% decline in December.

"The US LEI increased slightly in February, after back-to-back monthly declines, but housing permits, stock prices, consumer expectations, and new orders remain sources of weakness," said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. "Although the LEI's six-month growth rate has moderated considerably in recent months, the outlook remains positive with little chance of a downturn in the near-term."

The outlook remains positive with little chance of a downturn in the near-term."

The Conference Board Coincident Economic Index for the US increased 0.1% in February, following a 0.3% increase in January, and a 0.2% increase in December.

The Conference Board Lagging Economic Index for the US increased 0.4% in February, following a 0.1% increase in October, and no change in December.  

 

Join PRESIDENT&CEO on LinkedIn

Subscribe to comments feed Comments (0 posted)

total: | displaying:

Post your comment

  • Bold
  • Italic
  • Underline
  • Quote

Please enter the code you see in the image:

Captcha