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US leading index for April -0.6% vs -0.6% expected

Prior month -1.2%The Conference Board Leading Economic Index® (LEI) for the U.S. fell by 0.6% in April 2023 to 107.5 (2016=100), following a 1.2% decrease in March.The LEI showed a 4.4% decline over the six-month period from October 2022 to April 2023, a sharper fall than the 3.8% contraction from April–October 2022.The Conference Board Coincident Economic Index® (CEI) for the U.S. rose by 0.3% in April 2023 to 110.2 (2016=100), after a 0.2% rise in March.The CEI showed a 0.7% increase over the... Read More

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Posted: May 18 2023, 14:00

Author Name: forexlive

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