3,882
edits
Conference Board Leading Index: Difference between revisions
→Developments
(Created page with "The LEI is comprised of 10 indicators that cover a wide range of economic activity, including job growth, housing construction, and stock prices. The index is designed to prov...") |
|||
| Line 7: | Line 7: | ||
=== February 2023 === | === February 2023 === | ||
# The Conference Board Leading Economic | # The Conference Board Leading Economic Index (LEI) for theU.S. decreased by 1.0 percent in December 2022 to 110.5 (2016=100), following a decline of 1.1 percent in November. The LEI is now down 4.2 percent over the six-month period between June and December 2022—a much steeper rate of decline than its 1.9 percent contraction over the previous six-month period (December 2021–June 2022). | ||
# The recession signal was hit in August 2022. | # The recession signal was hit in August 2022. | ||
=== April 2023 === | === April 2023 === | ||
* The Conference Board Leading Economic | * The Conference Board Leading Economic Index (LEI) for the U.S. fell again by 0.3 percent in February 2023 to 110.0 (2016=100), after also declining by 0.3 percent in January | ||
* The LEI is down 3.6 percent over the six-month period between August 2022 and February 2023—a steeper rate of decline than its 3.0 percent contraction over the previous six months (February–August 2022).<ref>https://www.conference-board.org/topics/us-leading-indicators</ref> | * The LEI is down 3.6 percent over the six-month period between August 2022 and February 2023—a steeper rate of decline than its 3.0 percent contraction over the previous six months (February–August 2022).<ref>https://www.conference-board.org/topics/us-leading-indicators</ref> | ||
=== March 2023 === | |||
The U.S. LEI fell to its lowest level since November of 2020, consistent with worsening economic conditions ahead<ref>https://www.conference-board.org/topics/us-leading-indicators/press/us-lei-apr-2023</ref> | |||
* The Conference Board Leading Economic Index for the U.S. fell by 1.2 percent in March 2023 to 108.4 (2016=100), following a decline of 0.5 percent in February. | |||
* The LEI is down 4.5 percent over the six-month period between September 2022 and March 2023—a steeper rate of decline than its 3.5 percent contraction over the previous six months | |||
* The Conference Board Coincident Economic Index (CEI) for the U.S. increased by 0.2 percent in March 2023, after also rising 0.2 percent in February. The CEI is now up 0.8 percent over the six-month period between September 2022 and March 2023—slightly lower than the 1.0 percent growth it recorded over the previous six months | |||
== References == | == References == | ||