The Conference Board Leading Economic Indicator (LEI)
The Conference Board is a respected independent economic research house. One of their closely watched indicators is the Leading Economic Indicator, or LEI. Ten economic indicators compose the LEI that include the following: Supplier deliveries (vendor performance); interest rate spread; stock prices; real money supply; index of consumer expectations; building permits; manufacturers’ new orders for non-defense capital goods; average weekly manufacturing hours; average weekly initial claims for unemployment insurance; and manufacturers’ new orders for consumer goods and materials. Below is the LEI chart as of August 2018 showing that this leading economic indicator continues to trend upward and that the US economy is growing at a solid pace. For more on the Conference Board please visit http://www.conference-board.org
The Conference Board Leading Economic Indicator (LEI)
The Conference Board is a respected independent economic research house. One of their closely watched indicators is the Leading Economic Indicator, or LEI. Ten economic indicators compose the LEI that include the following: Supplier deliveries (vendor performance); interest rate spread; stock prices; real money supply; index of consumer expectations; building permits; manufacturers’ new orders for non-defense capital goods; average weekly manufacturing hours; average weekly initial claims for unemployment insurance; and manufacturers’ new orders for consumer goods and materials. Below is the LEI chart as of August 2018 showing that this leading economic indicator continues to trend upward and that the US economy is growing at a solid pace. For more on the Conference Board please visit http://www.conference-board.org