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Leading Economic Index for US increases in January

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Leading Economic Index for US increases in January

Short-term outlook looks positive; downside risks linger.

The Conference Board Leading Economic Index for the US increased 0.2% in January, following a 0.4% increase in December, and a 0.3% increase in November.

"The U.S. Leading Economic Index increased again in January, but its pace of growth has moderated in recent months," said Ataman Ozyildirim, Economist at The Conference Board. "While the LEI suggests a positive short-term outlook in 2015, the lack of strong momentum in residential construction, along with a weak outlook for new orders in manufacturing, poses a downside risk for the U.S. economy."

"The lack of strong momentum in residential construction, along with a weak outlook for new orders in manufacturing, poses a downside risk for the U.S. economy."

The Conference Board Coincident Economic Index for the US increased 0.2% in January, following a 0.2% increase in December, and a 0.5% increase in November.

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

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