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 Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The ... (full story)