A composite economic index tracking key elements of the US economy.
Leading Economic Index Factors considered:
- Average weekly hours, manufacturing
- Average weekly initial claims for unemployment insurance
- Manufacturers’ new orders, consumer goods and materials
- ISM® new orders index
- Manufacturers’ new orders, nondefense capital goods excl. aircraft
- Building permits, new private housing units
- Stock prices, 500 common stocks
- Leading Credit Index™
- Interest rate spread, 10-year Treasury bonds less federal funds
- Avg. consumer expectations for business conditions
Source: https://www.conference-board.org/data/bcicountry.cfm?cid=1