Conference Board News Release (10/23/14)
The Conference Board Leading Economic Index for the U.S. increased 0.8% in September to 104.4, following no change in August.
“The LEI picked up in September, after no change in August, and the strengths among its components have been very widespread over the past six months,” says Ataman Ozyildirim, economist at the Conference Board. “The outlook for improving employment and further income growth are expected to support the moderate expansion in the U.S. economy for the remainder of the year.”
Meanwhile, the Conference Board Coincident Economic Index for the U.S. increased 0.4% in September to 110.2, following a 0.1% increase in August, and the Lagging Economic Index for the U.S. increased 0.1% to 125.1, following a 0.3% increase in August.