Growth in the Conference Board’s U.S. macroeconomic index slowed as expected in September

By: Trademagazin editor Date: 2020. 10. 27. 11:05

As expected by analysts, the growth of the Conference Board Institute for Economic Research’s forecast of U.S. macroeconomic developments for 3-6 months slowed in September.

The institute said the Leading Economic Indicators (LEIs) rose 0.7 percent to 107.2 points in September, after strengthening 1.4 percent in August, 2 percent in July, and 3 percent in June.
The 100-point LEI value reflects the 2016 situation. (MTI)