Conference Board News Release (11/20/14)
The Conference Board Leading Economic Index for the U.S. rose 0.9% in October to 105.2, following a 0.7% increase in September.
“The upward trend in the LEI points to continued economic growth through the holiday season and into early 2015,” says Ken Goldstein, economist at the Conference Board. “This is consistent with our outlook for relatively good, but not great, consumer demand over the near term. Going forward, there are continued concerns about slow business investment and lackluster income growth.”
The Conference Board Coincident Economic Index for the U.S. increased 0.1% in October to 110.2, following a 0.3% increase in September. The Lagging Economic Index for the U.S. declined 0.1% in October to 124.9, following a 0.1% increase in September.