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 9/20/07 For Aug 2007 | ||||||||||||
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Highlights
The Conference Board's leading economic indicators fell 0.6 percent in August, not quite reversing a 0.7 percent rise in July. The largest negatives in August were consumer confidence, jobless claims, and the stock market. The report said the results point to slower economic growth ahead.
The Conference Board's index of leading indicators rose 0.4 percent in July, following a decline of 0.3 percent in June. The latest month's gain was led by a rise in consumer confidence and a slowing in vendor performance. Building permits were July's biggest negative.
Leading indicators Consensus Forecast for August 07: -0.3 percent
Range: -0.7 to +0.1 percent
| 2007 Release Schedule | ||||||||||||||||||||||||
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