(12-19-19)
The Conference Board Leading Economic Index (LEI) for the U.S. was unchanged in November, remaining at 111.6 (2016 = 100), following a 0.2 percent decline in both October and September. “The US LEI was unchanged in November after three consecutive monthly declines. Strength in residential construction, financial markets, and consumers’ outlook offset weakness in manufacturing and labor markets,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. “While the six-month growth rate of the LEI remains slightly negative, the Index suggests that economic growth is likely to stabilize around 2 percent in 2020.” The Conference Board Coincident Economic Index (CEI) for the U.S. increased 0. 4 percent in November to 106.8 (2016 = 100), following a 0.1 percent decline in October and a 0.1 percent increase in September. The Conference Board Lagging Economic Index (LAG) for the U.S. increased 0.5 percent in November to 108.7 (2016 = 100), following a 0.2 percent increase in October, and a 0.1 percent increase in September.
