Leading Economic Index Up 1% in January

Conference Board sees an economy with widespread strengths coming from financial conditions, manufacturing, residential construction, and labor markets

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The Conference Board Leading Economic Index® (LEI) for the U.S. increased 1.0% in January to 108.1 (2016 = 100), following a 0.6% increase in December and a 0.4% increase in November.

“The U.S. LEI accelerated further in January and continues to point to robust economic growth in the first half of 2018. While the recent stock market volatility will not be reflected in the U.S. LEI until next month, consumers’ and business’ outlook on the economy had been improving for several months and should not be greatly impacted,” said Ataman Ozyildirim, director of business cycles and growth research at The Conference Board. “The leading indicators reflect an economy with widespread strengths coming from financial conditions, manufacturing, residential construction, and labor markets.”

The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.1% in January to 103.0 (2016 = 100), following a 0.3% increase in December and a 0.2% increase in November.

The Conference Board Lagging Economic Index® (LAG) for the U.S. increased 0.1%in January to 104.0 (2016 = 100), following a 0.7% increase in December and a 0.1% increase in November.

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