The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
Press Release
The Conference Board Leading Economic Index® (LEI) for the U.S. Increased in April
17 May, 2019


The Conference Board Leading Economic Index® (LEI) for the U.S. Increased in April

Third Consecutive Increase; Economic Expansion to Continue in Near Term

The Conference Board Leading Economic Index® (LEI)for theU.S. increased 0.2 percent in April to 112.1 (2016 = 100), following a 0.3 percent increase in March, and a 0.2 percent increase in February.

“The US LEI rose in April, the third consecutive increase, with a majority of the leading indicators making positive contributions,” said Ataman Ozyildirim, Director of Economic Research at The Conference Board. “Stock prices, financial conditions, and consumers’ outlook on the economy buoyed the US LEI, although the manufacturing sector showed continuing weakness. The Conference Board expects economic growth to moderate toward 2 percent by year end. The current expansion will enter its 11th year in July, becoming the longest expansion in US history.”

The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.1 percent in April to 105.7 (2016 = 100), following a 0.1 percent increase in March, and a 0.1 percent decline in February.  

The Conference Board Lagging Economic Index® (LAG) for the U.S. declined 0.1 percent in April to 107.2 (2016 = 100), following a 0.2 percent increase in March and a 0.3 percent increase in February.

About The Conference Board Leading Economic Index® (LEI) for the U.S.

The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle. The leading, coincident, and lagging economic indexes are essentially composite averages of several individual leading, coincident, or lagging indicators. They are constructed to summarize and reveal common turning point patterns in economic data in a clearer and more convincing manner than any individual component – primarily because they smooth out some of the volatility of individual components.

The ten components of The Conference Board Leading Economic Index® for the U.S. include:

Average weekly hours, manufacturing

Average weekly initial claims for unemployment insurance

Manufacturers’ new orders, consumer goods and materials

ISM® Index of New Orders

Manufacturers' new orders, nondefense capital goods excluding aircraft orders

Building permits, new private housing units

Stock prices, 500 common stocks

Leading Credit Index™

Interest rate spread, 10-year Treasury bonds less federal funds

Average consumer expectations for business conditions

For full press release and technical notes:

http://www.conference-board.org/data/bcicountry.cfm?cid=1

For more information about The Conference Board global business cycle indicators:

http://www.conference-board.org/data/bci.cfm

About The Conference Board

The Conference Board is the member-driven think tank that delivers trusted insights for what’s ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org.

The next release is scheduled for Thursday, June 20 at 10 A.M. ET.

For further information contact:

Carol Courter
1 212 339 0232
carol.courter@conference-board.org

Joseph DiBlasi
781.308.7935
Joseph.DiBlasi@conference-board.org

THESE DATA ARE FOR ANALYSIS PURPOSES ONLY. NOT FOR REDISTRIBUTION, PUBLISHING, DATABASING, OR PUBLIC POSTING WITHOUT EXPRESS WRITTEN PERMISSION.

Share
  • LINKEDIN
  • EMAIL
  • TWITTER
  • FACEBOOK
Share

Download

Technical Notes
Underlying detail, diffusion indexes, components, contributions and graphs

Press Release
With supplemental data

ECONOMIC INDICATORS

Leading Economic Index for:

  • Australia 0.1%
  • Brazil 0.9%
  • China 0.8%
  • Euro Area 0.3%
  • France 0.3%
  • Germany 0.2%
  • Global 0.3%
  • India 0.3%
  • Japan 0.8%
  • Korea 0.1%
  • Mexico 0.9%
  • Spain 0.2%
  • U.K. 0.2%
  • U.S. 0.0%
  • International Labor Comparisons:
  • Visit ILC website
  • Productivity:
  • Visit Total Economy Database™ website
  • Global Economic Outlook:
  • Visit Global Economic Outlook website