Conference Board News Release (10/22/15)
The Conference Board Leading Economic Index for the U.S. declined 0.2% in September to 123.3. The index was unchanged in August.
“Despite September’s decline, the U.S. LEI still suggests economic expansion will continue, although at a moderate pace,” says Ataman Ozyildirim, director of business cycles and growth research at the Conference Board. “The U.S. economy is on track for moderate growth of about 2.5% in the coming quarters, despite the mixed global economic landscape.”
The Conference Board Coincident Economic Index for the U.S. increased 0.2% in September to 112.8, following a 0.1% increase in August. The Conference Board Lagging Economic Index for the U.S. increased 0.5% in September to 119.0, following a 0.1% increase in August.