Conference Board leading index up in February; US facing economy “headwinds”

18 March 2022

 

Summary: Conference Board leading index up 0.3% in February; in line with expectations; does not include “full impact” of Ukraine invasion; US faces headwinds from “soaring” prices, rising interest rates, labour shortages, high inflation”; forecasts 3.0% US GDP growth for calendar 2022. 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...

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