Conference Board Leading Economic Index

The Conference Board Leading Economic Index (LEI) is a collection of 10 economic indicators that are used to predict how the economy of the United States will perform in the near future. This index is released every month, and it helps people like economists, investors, and politicians can get important insights about what the economy will look like in a few months. The 10 indicators that make up the LEI are things like consumer confidence, average weekly hours worked, average weekly jobless claims, orders for consumer goods, and stock prices. These indicators tell us if households are feeling financially secure, if businesses are hiring, and if people are spending money. Depending on how these indicators change over time, economists can get a good idea of how the economy will perform in the next few months and make decisions accordingly.