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Conference Board Leading Index: Difference between revisions
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* 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 | * 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 | ||
=== April 2023 === | |||
The LEI for the US declined for the thirteenth consecutive month in April, signaling a worsening economic outlook. The LEI continues to warn of an economic downturn this year. The Conference Board forecasts a contraction of economic activity starting in Q2 leading to a mild recession by mid-2023<ref>https://www.conference-board.org/topics/us-leading-indicators/press/us-lei-may-2023</ref> | |||
* The Conference Board Leading Economic Index® (LEI) for theU.S. declined 0.6 percent in April 2023, following a decline of 1.2 percent in March. | |||
* The LEI is down 4.4 percent over the six-month period between October 2022 and April 2023—a steeper rate of decline than its 3.8 percent contraction over the previous six months (April–October 2022). | |||
* The Conference Board Coincident Economic Index® (CEI) for the U.S. increased by 0.3 percent in April 2023 to 110.2 (2016=100), after rising by 0.2 percent in March. The CEI is now up 0.7 percent over the six-month period between October 2022 and April 2023—down from the 0.9 percent growth it recorded over the previous six months. | |||
== References == | == References == | ||