“The recent trend in the U.S. LEI, led by the positive outlook of consumers and financial markets, continues to point to a growing economy, perhaps even a cyclical pickup,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “First quarter’s weak GDP growth is likely a temporary hiccup as the economy returns to its long-term trend of about 2 percent. While the majority of leading indicators have been contributing positively in recent months, housing permits followed by average workweek in manufacturing have been the sources of weakness among the U.S. LEI components.” – The Conference Board
- “The Conference Board Leading Economic Index (LEI) for the U.S. Increased in April” – conference-board.org – 05/18/17
- “The Conference Board Consumer Confidence Index Decline in April” – conference-board.org 04/25/17
- “April 2017 Manufacturing ISM Report on Business” – ism.ws 05/01/17
- “Advance Monthly Sales For Retail and Food Services, April 2017” – census.gov 05/12/17
- “April 2017 Non-Manufacturing ISM Report on Business” – ism.ws 05/03/17
- “Monthly Advance Report on Manufacturers’ Shipments, Inventories and Orders March 2017” -www.ism.ws 04/27/17
- “Monthly New Residential Construction, April 2017” – census.gov 05/16/17
- “The Employment Situation – April 2017” – www.bls.gov 05/05/17