The Conference Board Leading Economic Index® for the U.S. increased 0.6% in June to 127.8 (2010 = 100), following a 0.2% increase in May and a 0.2% increase in April.

"The U.S. LEI rose sharply in June, pointing to continued growth in the U.S. economy and perhaps even a moderate improvement in GDP growth in the second half of the year," said Ataman Ozyildirim, director of business cycles and growth research at The Conference Board. "The broad-based gain in the U.S. LEI was led by a large contribution from housing permits, which improved after several months of weakness."

The Conference Board Coincident Economic Index® (CEI) for the U.S. increased 0.2% in June to 115.5 (2010 = 100), following a 0.3% increase in May, and a 0.2% increase in April.

The Conference Board Lagging Economic Index® (LAG) for the U.S. increased 0.2% in June to 124.4 (2010 = 100), following a 0.1% increase in May and a 0.3% increase in April.

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