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The Conference Board Leading Economic Index for the U.S. Increased in May

The Conference Board (06/19/2014)

The U.S. Conference Board Leading Economic Index for May rose 0.5% to 101.7, the fourth consecutive monthly increase. There was a 0.3% increase in April and a 1.0% increase in March. The economy may be moving toward a more robust expansion, and the biggest challenge going forward will be maintaining such growth. The Conference Board’s Coincident Economic Index went up 0.3% in May to 109.0, and the Lagging Economic Index rose 0.4% to 123.8.