(04-18-19)
The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.4 percent in March to 111.9 (2016 = 100), following a 0.1 percent increase in February, and no change in January. “The US LEI picked up in M arch with labor markets, consumers’ outlook, and financial conditions making the largest contributions,” said Ataman Ozyildirim, Director of Economic Research at The Conference Board.
”Despite the relatively large gain in March, the trend in the US LEI continues to moderate, suggesting that growth in the US economy is likely to decelerate toward its long term potential of about 2 percent by year end.” The Conference Board Coincident Economic Index (CEI) for the U.S. increased 0.1 percent in March to 105.8 (2016 = 100), following a 0.1 percent increase in February, and no change in January. The Conference Board Lagging Economic Index (LAG) for the U.S. increased 0.1 percent in March to 07.0 (2016 = 100), following no change in February, and a 0.6 percent increase in January.
