The Conference Board Leading Economic Index for the U.S. Increased in March
The Conference Board Leading Economic Index is an American economic leading indicator intended to forecast future economic activity. It is calculated by The Conference Board, a non-governmental organization, which determines the value of the index from the values of ten key variables such as The US DOL monthly reports, S&P 500, US Census Bureau’s reports on building permits, non-defense capital goods and monthly consumer goods and materials reports from manufacturing activity. The Conference Board Leading Economic Index for the U.S. increased 0.4% in March to 126.7, following a 0.5% increase in February, and a 0.6% increase in January. (March 2010, index was 100).
