06132021Sun
Last updateFri, 11 Jun 2021 4pm

Manufacturing & The Economy

Leading Economic Indicators Up Slightly in July

The Conference Board Leading Economic Index (LEI) for the U.S. increased 1.4% in July to 104.4, following a 3.0% increase in June and a 3.1% increase in May.

“The U.S. LEI increased for the third consecutive month in July, albeit at a slower pace than the sharp increases in the previous two months,” said Ataman Ozyildirim, senior director of economic research at The Conference Board. “Despite the recent gains in the LEI, which remain fairly broad-based, the initial post-pandemic recovery appears to be losing steam. The LEI suggests that the pace of economic growth will weaken substantially during the final months of 2020.”

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