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U.S. Leading Economic Index increased 0.6% in June
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The Conference Board Leading Economic Index® (LEI)for theU.S. increased 0.6 percent in June to 127.8 (2010 = 100), following a 0.2 percent increase in May, and a 0.2 percent increase in April.
“The U.S. LEI rose sharply in June, pointing to continued growth in the U.S. economy and perhaps even a moderate improvement in GDP growth in the second half of the year,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “The broad-based gain in the U.S. LEI was led by a large contribution from housing permits, which improved after several months of weakness.”
The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.2 percent in June to 115.5 (2010 = 100), following a 0.3 percent increase in May, and a 0.2 percent increase in April.
The Conference Board Lagging Economic Index® (LAG) for the U.S. increased 0.2 percent in June to 124.4 (2010 = 100), following a 0.1 percent increase in May and a 0.3 percent increase in April.
Posted: July 20, 2017 Thursday 10:00 AM