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Home News USA The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.7 percent in February 2012


The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.7 percent in February 2012
added: 2012-03-22

The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.7 percent in February to 95.5 (2004 = 100), following a 0.2 percent increase in January and a 0.5 percent increase in December.

Said Ataman Ozyildirim, economist at The Conference Board: “Continued broad-based gains in the LEI for the United States confirm a more positive outlook for general economic activity in the first half of 2012, although still subdued consumer expectations and the purchasing managers’ index for new orders held the LEI back in February. The CEI for the United States, a measure of current economic conditions, has also been rising as employment, income, and sales data all continue to improve. Industrial production, however, has not yet picked up strongly.”

Added Ken Goldstein, economist at The Conference Board: “Recent data reflect an economy that improved this winter. To be sure, an unseasonably mild winter has contributed to many of the recent positive economic reports. But the consistent signal for the leading series suggests that progress on jobs, output, and incomes may continue through the summer months, if not beyond.”

The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.2 percent in February to 104.0 (2004 = 100), following a 0.2 percent increase in January and a 0.6 percent increase in December.

The Conference Board Lagging Economic Index® (LAG) increased 0.2 percent in February to 114.1 (2004 = 100), following a 0.5 percent increase in January and a 0.2 percent increase in December.


Source: The Conference Board

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