Conference Board Economic Index Increases in January

The Coincident Economic Index for the U.S. increased 0.1 percent in January.

The Conference Board Leading Economic Index for the U.S. increased 1 percent in January to 108.1, following a 0.6 percent increase in December, and a 0.4 percent increase in November.

“The U.S. LEI accelerated further in January and continues to point to robust economic growth in the first half of 2018. While the recent stock market volatility will not be reflected in the U.S. LEI until next month, consumers’ and business’ outlook on the economy had been improving for several months and should not be greatly impacted,” said Ataman Ozyildirim, director of business cycles and growth research at The Conference Board. “The leading indicators reflect an economy with widespread strengths coming from financial conditions, manufacturing, residential construction, and labor markets.”

The Conference Board Coincident Economic Index for the U.S. increased 0.1 percent in January to 103, following a 0.3 percent increase in December, and a 0.2 percent increase in November.  

The Conference Board Lagging Economic Index for the U.S. increased 0.1 percent in January to 104, following a 0.7 percent increase in December and a 0.1 percent increase in November.

 

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