Leading Economic Index

Our economy is likely to move along at about the current pace for the next few quarters according to the Conference Board’s Leading Economic Index (LEI).  Their December 2018 release edged down 0.1 percent after rising 0.2 percent in November.  Versus a year ago, this index is up 2.1 percent.

No economic storms can be seen from here to the horizon according to the Conference Board’s Leading Economic Index (LEI).  This ten-component index theoretically looks out into the future by some six to nine months, aggregating indicators that tend to lead economic output.  Its most recent iteration, released in September for August 2018, increased 0.4 percent after rising 0.7 p

Economic strength appears to have room to run according to the Conference Board’s July 2018 release of their Leading Economic Index (LEI).  This forward-looking indicator rose 0.6 percent in the period after rising 0.5 percent in June.  Recent strength bodes well for America’s economy in the second half of this year. 

Economic output should continue moving higher for the foreseeable future according to data from the Conference Board.  Their Leading Economic Index (LEI) increased for the fifth consecutive month in February 2018.  Contributions to the uptick were widespread; only building permits and stock prices were lower in the period.