The Conference Board Leading Economic Index (LEI) for the U.S. Increased in November
Source: The Conference Board
The Conference Board Leading Economic Index® (LEI) for the U.S. Increased in November
NEWS PROVIDED BY
The Conference Board
Dec 20, 2021, 10:01 ET
NEW YORK, Dec. 20, 2021 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for the U.S. increased by 1.1 percent in November to 119.9 (2016 = 100), following a 0.9 percent increase in October and a 0.3 percent increase in September.
"The U.S. LEI rose sharply again in November, suggesting the current economic expansion will continue into the first half of 2022," said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. "Inflation and continuing supply chain disruptions, as well as a resurgence of COVID-19, pose risks to GDP growth in 2022. Still, the economic impact of these risks may be contained. The Conference Board forecasts real GDP growth to strengthen in Q4 2021 to about 6.5 percent (annualized rate), before moderating to a still healthy rate of 2.2 percent in Q1 2022."
The Conference Board Coincident Economic Index® (CEI) for the U.S. increased by 0.3 percent in November to 106.7 (2016 = 100), following a 0.5 percent increase in October and no change in September.
The Conference Board Lagging Economic Index® (LAG) for the U.S. decreased by 0.1 percent in November to 107.2 (2016 = 100), following a 0.5 percent increase in October and a 0.9 percent increase in September.
The next release is scheduled for Friday, January 21 at 10 A.M. ET.
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