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The Conference Board Leading Economic Index (LEI) for theU.S. was unchanged in January (according to new estimates), remaining at 111.3 (2016 = 100), following a 0.1% decline in December, and a 0.1% increase in November.
The Conference Board Coincident Economic Index (CEI) for the U.S. increased 0.1% in January to 105.7 (2016 = 100), following a 0.4% increase in December, and a 0.2% increase in November.
The Conference Board Lagging Economic Index (LAG) for the U.S. increased 0.4% in January to 106.8 (2016 = 100), following a 0.4% increase in December and a 0.4% increase in November.
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.