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 0.4 percent in May 2023 to 76.5 (2016=100), following a 0.6 percent drop in April. The LEI for the UK contracted by 3.7 percent in the six-month period ending in May 2023, continuing a 4.0 percent decline over the previous six-month period, between May and ... (full story)