Conference Board News Release (03/19/15)
The Conference Board Leading Economic Index for the U.S. increased 0.2% in February to 121.4, following a 0.2% increase in January.
“Widespread gains among the leading indicators continue to point to short-term growth,” says Ataman Ozyildirim, economist at the Conference Board. “However, easing in the LEI’s six-month change suggests that we may be entering a period of more moderate expansion. With the February increase, the LEI remains in growth territory, but weakness in the industrial sector and business investment is holding economic growth back, despite improvements in labor markets and consumer confidence.”
The Conference Board Coincident Economic Index for the U.S. increased 0.2% in February to 111.9, following a 0.2% increase in January. The Conference Board Lagging Economic Index increased 0.3% in February to 115.8, following a 0.3% increase in January.