Leading index rebounds; US expansion to continue?

22 August 2019

 

The Conference Board Leading Economic Index (LEI) is a composite index which is composed of ten indices which are thought to be sensitive to changes in the US economy. The Conference Board describes it as an index which attempts to signal peaks and troughs. Turning points in its index have historically occurred prior to changes in aggregate economic activity. Recently, month on month changes in the LEI have produced negative...

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