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December 07, 2022 | Article
The Conference Board Leading Economic Index® (LEI) for the United States has long been lauded as a reliable leading indicator of recessions, and recent data suggest that the LEI is signaling an approaching recession. Indeed, given the LEI’s recent performance, The Conference Board projects that economic weakness will intensify and spread more broadly throughout the US economy over the coming months with a recession to begin around the end of 2022 or early 2023.
Here's a look at why and how the LEI provides such valuable information.
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