Fewer headwinds ahead for US economy; leading index declines in December

22 January 2025

 

Summary: Conference Board leading index down 0.1% in December, in line with expectations; CB: half of ten index components down, half up; US Treasury yields rise; rate-cut expectations soften; CB: signals fewer headwinds to US economic activity ahead. 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...

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