June 2021 Leading Economic Index Increased Again
Written by Steven Hansen
The Conference Board Leading Economic Index (LEI) for the U.S increased by 0.7 percent in June to 115.1 (2016 = 100), following a 1.2 percent increase in May and a 1.3 percent increase in April – and the authors say “June’s gain in the U.S. LEI was broad-based and, despite negative contributions from housing permits and average workweek, suggests that strong economic growth will continue in the near term“.
Source: http://econintersect.com/pages/releases/release.php?post=202107221206
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