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Leading Economic Index for US Increased in December

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Leading Economic Index for US Increased in December

Short-term outlook remains bright, as economy continues to build momentum

The Conference Board Leading Economic Index for the U.S. increased 0.5% in December, following a 0.4% increase in November, and a 0.6% increase in October.

"December's gain in the LEI was driven by a majority of its components, suggesting the short-term outlook is getting brighter and the economy continues to build momentum," said Ataman Ozyildirim, Economist at The Conference Board. "Still, a lack of growth in residential construction and average weekly hours in manufacturing remains a concern. Current economic conditions measured by the coincident indicators show employment and income gains are helping to keep the U.S. economy on a solid expansionary path despite some weakness in industrial production."

"Still, a lack of growth in residential construction and average weekly hours in manufacturing remains a concern." 

The Conference Board Coincident Economic Index for the U.S. increased 0.2 % in December, following a 0.5% increase in November, and a 0.3% increase in October.

The Conference Board Lagging Economic Index for the U.S. increased 0.3% in December, following a 0.3% increase in November, and no change in October.

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