The Conference Board Leading Economic Index For The U.S. Increased Again – January 23

January 23, 2015

The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.5 percent in December to 121.1, following a 0.4 percent increase in November, and a 0.6 percent increase in October.

“December’s gain in the LEI was driven by a majority of its components, suggesting the short-term outlook is getting brighter and the economy continues to build momentum,” said Ataman Ozyildirim, Economist at The Conference Board.  “Still, a lack of growth in residential construction and average weekly hours in manufacturing remains a concern.  Current economic conditions measured by the coincident indicators show employment and income gains are helping to keep the U.S. economy on a solid expansionary path despite some weakness in industrial production.”

The Conference Board Coincident Economic Index (CEI) for the U.S. increased 0.2 percent in December to 111.4, following a 0.5 percent increase in November, and a 0.3 percent increase in October.

The Conference Board Lagging Economic Index (LAG) for the U.S. increased 0.3 percent in December to 115.0, following a 0.3 percent increase in November, and no change in October.

Source: The Conference Board