Conference Board raises US GDP forecast again; growth “may accelerate”

20 May 2021

 

Summary: US leading index reading slightly above expectations in April; index surpasses previous peak; Conference Board raises 2021 forecast again; growth “may accelerate” in near term.   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;...

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