US growth “continues to moderate”: CB leading index

28 January 2021

 

Summary: US leading index increases in line with expectations in December; improvements “broad-based”; Conference Board forecasts for March quarter “to exceed” 2% annualised.   The Conference Board Leading Economic Index (LEI) is a composite index composed of ten sub-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 growth peaks and troughs; turning points in...

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