The Conference Board Leading Economic Index for the U.S. increased 0.4 percent in November to 124.6, following a 0.6 percent decline in October, and no change in September.
“The U.S. LEI registered another increase in November, with building permits, the interest rate spread, and stock prices driving the improvement,” said Ataman Ozyildirim, director of business cycles and growth research at The Conference Board. “Although the six-month growth rate of the LEI has moderated, the economic outlook for the final quarter of the year and into the new year remains positive."
The Coincident Economic Index increased 0.1 percent in November to 113.3 (2010 = 100), following a 0.2 percent increase in October, and a 0.3 percent increase in September.
The Lagging Economic Index increased 0.3 percent in November to 119.6 (2010 = 100), following a 0.2 percent increase in October, and a 0.5 percent increase in September.