(08-20-20) The Conference Board Leading Economic Index (LEI) for the U.S. increased 1.4 percent in July to 104.4 (2016 = 100), following a 3.0 percent increase in June and a 3.1 percent increase in May. “The US LEI increased for the third consecutive month in July, albeit at a slower pace than the sharp increases in the previous two months,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. “Despite the recent gains in the LEI, which remain fairly broad-based, the initial post-pandemic recovery appears to be losing steam. The LEI suggests that the pace of economic growth will weaken substantially during the final months of 2020.” The Conference Board Coincident Economic Index (CEI) for the U.S. increased 1.2 percent in July to 99.2 (2016 = 100), following a 2.9 percent increase in June and a 2.4 percent increase in May. The Conference Board Lagging Economic Index (LAG) for the U.S. decreased 1.0 percent in July to 109.2 (2016 = 100), following a 2.3 percent decline in both June and in May.
Conference Board – Leading Economic Index – (08-20-20)
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