LEADING INDICATORS. Seven of the ten indicators that make up The Conference Board LEI for the U.S. increased in May.
COINCIDENT INDICATORS. Two of the four indicators that make up The Conference Board CEI for the U.S. increased in May.
LAGGING INDICATORS. The Conference Board LAG for the U.S. stands at 112.0 (2004=100) in May, with none of the seven components advancing.
The interpretation of all of this would lead one to believe that we have bottomed out and are heading into a general positive direction.
The Conference Board Leading Economic Indexâ„¢ (LEI) for the U.S. Improves Again