The Conference Board Leading Economic Index for the U.S. Declined Slightly
October 21, 2019 | The Conference BoardEstimated reading time: 1 minute
The Conference Board Leading Economic Index (LEI) for the U.S. declined 0.1% in September to 111.9 (2016 = 100), following a 0.2% decline in August, and a 0.4% increase in July.
“The US LEI declined in September because of weaknesses in the manufacturing sector and the interest rate spread which were only partially offset by rising stock prices and a positive contribution from the Leading Credit Index,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. “The LEI reflects uncertainty in the outlook and falling business expectations, brought on by the downturn in the industrial sector and trade disputes. Looking ahead, the LEI is consistent with an economy that is still growing, albeit more slowly, through the end of the year and into 2020.”
The Conference Board Coincident Economic Index (CEI) for the U.S. was unchanged in September, remaining at 106.4 (2016 = 100), following a 0.3% increase in August, and no change in July.
The Conference Board Lagging Economic Index (LAG) for the U.S. increased 0.1% in September to 108.3 (2016 = 100), following a 0.4% decline in August, and a 0.7% increase in July.
About The Conference Board Leading Economic Index (LEI) for the U.S.
The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle. The leading, coincident, and lagging economic indexes are essentially composite averages of several individual leading, coincident, or lagging indicators. They are constructed to summarize and reveal common turning point patterns in economic data in a clearer and more convincing manner than any individual component – primarily because they smooth out some of the volatility of individual components.
About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what’s ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org.
Suggested Items
UHDI Fundamentals: UHDI Drives Unique IoT Innovation in Farming
04/22/2025 | Anaya Vardya, American Standard CircuitsThe combination of UHDI's high-bandwidth capabilities and IoT's real-time data processing can lead to more efficient, immersive, and smarter IoT systems. This convergence of two revolutionary technologies is enabling quantum advancements in some very “unconventional” applications. The typical discussions around UHDI focus on our standard electronics industry market segments like milaero, medical, consumer electronics, etc. IoT is all about machines talking to other machines, machine learning, and artificial intelligence, but again, typically applied in our PCB and assembly operations.
ASC Sunstone Circuits and Screaming Circuits Partner to Launch Online Assembly Parts Ordering
04/21/2025 | ASC SunstoneIn a major step toward simplifying the PCB manufacturing and assembly process, ASC Sunstone Circuits and Screaming Circuits are proud to announce the launch of a new online assembly parts ordering feature, now available through Sunstone.com.
Jabil Announces Appointment of New Director to the Board
04/21/2025 | Jabil Inc.Jabil Inc., a global engineering, supply chain, and manufacturing solutions provider, announced that Sujatha Chandrasekaran has been appointed to its Board of Directors.
Real Time with... IPC APEX EXPO 2025: Empowering the Next Generation—Waad Tarman's Journey as IPC Student Board Member
04/22/2025 | Marcy LaRont, I-Connect007In this conversation, Waad Tarman, a PhD student at Auburn University, reflects on her impactful journey as the outgoing IPC Student Board Member. Having transitioned from a career in project coordination to pursuing advanced studies in industrial and systems engineering, Waad’s dedication to electronics manufacturing shines through. Her experience as a student representative allowed her to engage with industry leaders and provide valuable insights from a student’s perspective. As she prepares to pass the torch to her successor, she shares her key takeaways, emphasizing the importance of connection, communication, and the ethos of paying it forward.
DuPont Announces Additional Directors for the Planned Independent Electronics Company
04/18/2025 | DuPontDuPont announced that Karin De Bondt and Anne Noonan will become members of the future board of directors for the independent Electronics public company that will be created following its intended spin-off from DuPont, which is targeted for November 1, 2025.