The Conference Board Leading Economic Index for the U.S. Increased in June
Friday, July 21st, 2017
The Conference Board Leading Economic Index for the U.S. increased 0.6 percent in June to 127.8 (2010 = 100), following a 0.2 percent increase in May, and a 0.2 percent increase in April.
"The U.S. LEI rose sharply in June, pointing to continued growth in the U.S. economy and perhaps even a moderate improvement in GDP growth in the second half of the year," said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. "The broad-based gain in the U.S. LEI was led by a large contribution from housing permits, which improved after several months of weakness."
The Conference Board Coincident Economic Index for the U.S. increased 0.2 percent in June to 115.5 (2010 = 100), following a 0.3 percent increase in May, and a 0.2 percent increase in April.
The Conference Board Lagging Economic Index for the U.S. increased 0.2 percent in June to 124.4 (2010 = 100), following a 0.1 percent increase in May and a 0.3 percent increase in April.