US post-pandemic recovery “losing steam”: leading index

20 August 2020

 

Summary: US leading index increases for the third consecutive month; increase more than expected; initial post-pandemic recovery “losing steam”.   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 historically...

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