The Conference Board Leading Economic Index (LEI) for the US Plunged in April | Forex Factory

  • The Conference Board Leading Economic Index (LEI) for the US Plunged in April

    From prnewswire.com

    The Conference Board Leading Economic Index® (LEI) for the US fell sharply by 1.0% in April 2025 to 99.4 (2016=100), after declining by 0.8% in March (revised downward from the –0.7% originally reported). The LEI declined by 2.0% in the six-month period ending April 2025, the same rate of decline as over the previous six months (April–October 2024). "The U.S. LEI registered its largest monthly decline since March 2023, when many feared the US was headed into recession, which did not ultimately materialize," said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board. ... (full story)

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Trader#58A7
May 19, 2025 9:40am
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Quoting Trader#8F0A
Is this a survey? How accurately forwarding looking are people, should we go all in on this?
It is NOT a survey. It's a composite economic index intended to signal turning points in the business cycle. It's used to predict short-term economic trends. There are 10 components.

Average weekly hours in manufacturing
Average weekly initial claims for unemployment insurance
Manufacturers’ new orders, consumer goods and materials
ISM new orders index
Manufacturers’ new orders for nondefense capital goods excluding aircraft
Building permits for new private housing units
Stock prices
Leading Credit Index
10-year treasury bonds minus federal funds rate
Average consumer expectations for business conditions for University of Michigan
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Trader#8F0A
May 19, 2025 9:22am
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Is this a survey?

How accurately forwarding looking are people, should we go all in on this?
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