The Leading Economic Index provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index provides an indication of the current state of the economy. Additional details are below. The Conference Board Leading Economic Index®(LEI) for the United Kingdom declined by 0.5 percent in April 2023 to 77.5 (2016=100), following a 0.6 percent drop in March. The LEI for the UK contracted by 2.9 percent in the six-month period ending in April 2023, a slower rate of decline than the 4.0 percent decrease over the previous six-month ... (full story)