The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.4% in April to 109.4 (2016 = 100), following a 0.4% increase in March, and a 0.7% increase in February.
“April’s increase and continued uptrend in the U.S. LEI suggest solid growth should continue in the second half of 2018. However, the LEI’s six-month growth rate has recently moderated somewhat, suggesting growth is unlikely to strongly accelerate,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “In April, stock prices and housing permits were the only negative contributors, whereas the labor market components, which made negative contributions in March, improved.”
The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.3% in April to 103.5 (2016 = 100), following a 0.2% increase in March, and a 0.2% increase in February.
The Conference Board Lagging Economic Index® (LAG) for the U.S. increased 0.3% in April to 104.7 (2016 = 100), following a 0.1% decrease in March, and a 0.3% increase in February.
