Written by Steven Hansen
The Conference Board Leading Economic Index (LEI) for the U.S increased 1.3 percent in March to 111.6 (2016 = 100), following a 0.1 percent decrease in February and a 0.5 percent increase in January – and the authors say “The improvement in the U.S. LEI, with all ten components contributing positively, suggests economic momentum is increasing in the near term“.
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