The Conference Board Leading Economic Index® (LEI) for the U.K. remained unchanged in May 2018 at 97.0 (2016=100). The Conference Board Coincident Economic Index® (CEI) for the U.K. increased 0.1 percent in May 2018 to 102.3 (2016=100). The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle. The leading and coincident economic indexes are essentially composite averages of several individual leading or coincident indicators. They are constructed to summarize and reveal common turning point patterns in economic data in a clearer and more ... (full story)