Last updateThu, 09 Jul 2020 3pm

Manufacturing & The Economy

Leading Economic Indicators for U.S. Increased in May

The Conference Board Leading Economic Index (LEI) for the U.S. increased 2.8% in May. Most of the LEI components improved over last month, except for the ISM New Orders Index, consumer expectations for business conditions, and the Leading Credit Index (inverted). In the six-month period ending May 2020, the leading economic index decreased 10.6% (about a -20.0% annual rate), substantially below the 0% changeover the previous six-month period. In addition, the weaknesses among the leading indicators have remained very widespread.

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