Conference Board News Release (08/22/13)
The Conference Board Leading Economic Index for the U.S. increased 0.6% in July to 96.0, following no change in June. “The improvement in the LEI, and pickup in the six-month growth rate, suggest better economic and job growth in the second half of 2013. However, the biggest uncertainties remain the pace of business spending and the impact of slower global growth on U.S. exports,” says Ken Goldstein, economist at the Conference Board.
The Conference Board Coincident Economic Index for the U.S. increased 0.2% in July to 106.3, following a 0.1% increase in June. The Conference Board Lagging Economic Index declined 0.2% in July to 118.2, following a 0.2% increase in June.