Conference Board index up; GDP forecast raised

22 April 2021

 

Summary: US leading index reading above expectations in March; economic momentum increasing in near term; Conference Board raises 2021 forecast.   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 the index have...

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