Conference Board leading index on “rising trajectory”, continued expansion expected

21 January 2022

 

Summary: US leading index up 0.8% in December, in line with expectations; on rising trajectory, US economy to expand well into northern spring; “headwinds” may moderate economic growth; Conference Board forecasts 0.5% growth for March quarter. 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...

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