“Strong economic growth” expected in US; leading index up in June

22 July 2021

 

Summary: US leading index up 0.7% in June, below expectations; “strong economic growth will continue in near term”; Conference Board 2021 forecast unchanged at 6.6%.   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...

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