Conference Board News Release (02/19/15)
The Conference Board Leading Economic Index (LEI) went up 0.2% to 121.1 in January, compared with a 0.4% rise in December and a 0.3% increase in November. The Coincident Economic Index went up 0.2% to 111.6 and the Lagging Economic Index rose 0.3% to 115.3
“The U.S. Leading Economic Index increased again in January, but its pace of growth has moderated in recent months,” said Ataman Ozyildirim, economist at The Conference Board. “While the LEI suggests a positive short-term outlook in 2015, the lack of strong momentum in residential construction, along with a weak outlook for new orders in manufacturing, poses a downside risk for the U.S. economy.”
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