The U.S. Conference Board Leading Economic Index fell by 0.7% in March, marking the largest decline since October 2023.
The U.S. Conference Board Leading Economic Index fell by 0.7% in March, marking the largest decline since October 2023.
The Leading Economic Index is a forward-looking indicator system used to predict changes in economic cycles. It is published by The Conference Board and includes 10 economic variables, providing a comprehensive reflection of economic trends for the next 3 to 6 months. A continuous decline in the index may signal the risk of an economic recession, while an increase implies signs of expansion.
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