The Index of Leading Economic Indicators has been pointing to a slowdown for 19 months. It hasn't materialized.
Some question the predictive powers of the The Conference Board's Leading Economic Index, a past predictor of recessions.
The Conference Board’s Leading Economic Index, which was up 0.3 percent in March, indicates the economy looks pretty good heading into summer and fall. The index crunches forward-looking measures like building permits, factory orders and unemployment claims to predict where the economy will be six months from now. And it looks as if the economy […]
The Conference Board's Leading Economic Index fell in September, partly from the effects of hurricanes in Texas and Florida.