US CB Leading Index m/m
This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. Source changed series calculation formula as of Jan 2012;
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 21, 2024 | -0.5% | -0.4% | -0.6% |
May 17, 2024 | -0.6% | -0.3% | -0.3% |
Apr 18, 2024 | -0.3% | -0.1% | 0.2% |
Mar 21, 2024 | 0.1% | -0.1% | -0.4% |
Feb 20, 2024 | -0.4% | -0.3% | -0.2% |
Jan 22, 2024 | -0.1% | -0.3% | -0.5% |
Dec 21, 2023 | -0.5% | -0.5% | -1.0% |
Nov 20, 2023 | -0.8% | -0.5% | -0.7% |
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- US CB Leading Index m/m News
- From conference-board.org|Jun 21, 2024
The Conference Board Leading Economic Index® (LEI) for the U.S. decreased by 0.5 percent in May 2024 to 101.2 (2016=100), following a 0.6 percent decline in April. Over the six-month period between November 2023 and May 2024, the LEI fell by 2.0 percent—a smaller decrease than its 3.4 percent contraction over the previous six months. “The U.S. LEI fell again in May, driven primarily by a decline in new orders, weak consumer sentiment about future business conditions, and lower building permits,” said Justyna Zabinska-La Monica, ...
- From conference-board.org|May 17, 2024|6 comments
The Conference Board Leading Economic Index® (LEI) for theU.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the six-month period between October 2023 and April 2024, the LEI contracted by 1.9 percent—a smaller decrease than its 3.5 percent decline over the previous six months. “Another decline in the U.S. LEI confirms that softer economic conditions lay ahead,” said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board. ...
- From usnews.com|Apr 19, 2024
A pair of economic reports on Thursday showed the economy continues to encounter tailwinds as it battles high interest rates and inflation. Existing home sales fell 4.3% in March after February’s strong increase, caught in a vise of mortgage rates at 7% and median prices that rose 4.8% from a year ago, the National Association of Realtors said. “Though rebounding from cyclical lows, home sales are stuck because interest rates have not made any major moves," said NAR Chief Economist Lawrence Yun. "There are nearly six million more ...
- From conference-board.org|Apr 18, 2024
The Conference Board Leading Economic Index® (LEI)for theU.S. decreased by 0.3 percent in March 2024 to 102.4 (2016=100), after increasing by 0.2 percent in February. Over the six-month period between September 2023 and March 2024, the LEI contracted by 2.2 percent—a smaller decrease than the 3.4 percent decline over the previous six months. “February’s uptick in the U.S. LEI proved to be ephemeral as the Index posted a decline in March,” said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference ...
- From conference-board.org|Mar 21, 2024|1 comment
The Conference Board Leading Economic Index® (LEI) for the U.S. increased by 0.1 percent in February 2024 to 102.8 (2016=100), following a 0.4 percent decline in January. Over the six-month period between August 2023 and February 2024, the LEI contracted by 2.6 percent—a smaller decrease than the 3.8 percent decline over the previous six months. “The U.S. LEI rose in February 2024 for the first time since February 2022,” said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board. “Strength in ...
- From conference-board.org|Feb 20, 2024|1 comment
The Conference Board Leading Economic Index® (LEI) for the U.S. fell by 0.4 percent in January 2024 to 102.7 (2016=100), following a 0.2 percent decline in December 2023. The LEI contracted by 3.0 percent over the six-month period between July 2023 and January 2024, a smaller decrease than the 4.1 percent decline over the previous six months. "The U.S. LEI fell further in January, as weekly hours worked in manufacturing continued to decline and the yield spread remained negative," said Justyna Zabinska-La Monica, Senior Manager, ...
- From conference-board.org|Jan 22, 2024|1 comment
The Conference Board Leading Economic Index® (LEI) for the U.S. fell by 0.1 percent in December 2023 to 103.1 (2016=100), following a 0.5 percent decline in November. The LEI contracted by 2.9 percent over the six-month period between June and December 2023, a smaller decrease than its 4.3 percent contraction over the previous six months. “The US LEI fell slightly in December, continuing to signal underlying weakness in the US economy,” said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference ...
- From prnewswire.com|Dec 21, 2023|4 comments
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.5 percent in November 2023 to 103.0 (2016=100), following a (downwardly revised) decline of 1.0 percent in October. The LEI contracted by 3.5 percent over the six-month period between May and November 2023, a smaller decrease than its 4.3 percent contraction over the previous six months (November 2022 to May 2023). "The US LEI continued declining in November, with stock prices making virtually the only positive contribution to the index in the month," said ...
Released on Jun 21, 2024 |
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Released on May 17, 2024 |
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Released on Mar 21, 2024 |
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Released on Feb 20, 2024 |
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Released on Jan 22, 2024 |
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Released on Dec 21, 2023 |
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