Research >> Economics
U.S. leading economic index increased 0.3%
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The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.3 percent in September to 110.4 (2004 = 100), following a 0.1 percent increase in August, and a 0.2 percent increase in July.
The LEI remains on a general upward trend, but it is growing at its slowest pace since the middle of 2009. There isn’t any indication of a relapse into another downturn through the end of the year.
More than a year after the recession officially ended, the economy is slow and has no forward momentum. The LEI suggests little change in economic conditions through the holidays or the early months of 2011.
The Conference Board Coincident Economic Index® (CEI) for the U.S. was unchanged in September, remaining at 101.4 (2004 = 100), following no change in August and a 0.1 percent increase in July. The Conference Board Lagging Economic Index® (LAG) increased 0.4 percent in September to 108.4 (2004 = 100), following a 0.1 percent increase in August, and a 0.4 percent increase in July.
Posted: October 21, 2010 Thursday 10:00 AM