The Conference Board Leading Economic Index (LEI)

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


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