A composite index of ten economic indicators that should lead overall economic activity. This indicator was initially compiled by the Commerce Department but is now compiled and produced by The Conference Board. It has been revised many times in the past 30 years - particularly when it has not done a good job of predicting turning points. Why Investors Care
| Released on 7/19/07 For Jun 2007 | ||||||||||||
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Highlights
The Conference Board's index of leading indicators fell 0.3 percent in June vs. a 0.2 percent rise in May. Negatives in the month were led by building permits, which yesterday's data showed to be weak again in June. On the positive side were data from the manufacturing sector, which has been on upswing. But most readings were definitely soft, and the report noted that housing and high gas and food prices are holding down consumption. The report said the data point to economic slowing later in the second half.
The Conference Board's index of leading indicators rose 0.3 percent in May, up from a 0.3 percent decline in April. May's gains, which in theory point to a pick up in future growth, were led by jobless claims, stocks, and building permits.
Leading indicators Consensus Forecast for June 07: -0.1 percent Range: -0.3 to +0.2 percent
| 2007 Release Schedule | ||||||||||||||||||||||||
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