A key indicator that gauges the health of the American economy fell for the tenth straight month in December, exceeding forecasts and suggesting a potential recession in the months ahead. The Conference Board Leading Economic Index (LEI) for the United States declined by 1 percent, to 110.5 in December, following a 1.1 percent decrease in…
Leading US Economic Indicator Falls for Tenth Straight Month, Suggesting Recession Soon
Leading US Economic Indicator Falls for 10th Straight Month, Suggesting Recession Soon
A key indicator that gauges the health of the American economy fell for the tenth straight month in December, exceeding forecasts and suggesting a potential recession in the months ahead. The Conference Board Leading Economic Index (LEI) for the United States declined by 1 percent, to 110.5 in December, following a 1.1 percent decrease in…
Another Recession Red Flag Raised as Leading Economic Index Drops Deeper Into Negative Territory
October 21, 2022
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Business & MarketsCEO confidenceeconomic indicatoreconomic recessioneconomyLeading Economic IndexMarketsrecessionUSUS News
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Indications that the United States will soon enter a recessionary period are strengthening as a prominent economic indicator dropped further into negative territory in September. The Conference Board’s Leading Economic Index (LEI) declined by 0.4 percent to 115.9 in September after remaining unchanged in August, according to an Oct. 20 press release. During the six-month…
US Manufacturing Slows Down, Leading Economic Index Falls for Third Straight Month
June 18, 2022
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American manufacturingBusiness & MarketseconomyinflationLeading Economic Indexmanufacturing outputU.S. interest rate hikesUS
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Manufacturing output in the United States declined in May after three months of averaging almost 1 percent growth, according to the latest data by the U.S. Federal Reserve. “Manufacturing output slipped 0.1 percent in May; even so, the index has advanced 4.8 percent over the past 12 months. In May, the index for nondurable manufacturing…
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