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The Conference Board Leading Economic Index for the U.S. Increased in July
The Conference Board Leading Economic Index® (LEI) for the U.S. increased by 0.9 percent in July to 116.0 (2016 = 100), following a 0.5 percent increase in June and a 1.2 percent increase in May. "The U.S. LEI registered another large gain in July, with all components contributing positively," said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. "The Leading Index's overall upward trend, which started with the end of the pandemic-induced recession in April 2020, is consistent with strong economic growth in the second half of the year. While the Delta variant and/or rising ... (full story)
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