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The Conference Board Leading
Economic Index@ (LEI) for the
THE CONFERENCE BOARD
U.S. Increased in February
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The Conference Board
Mar 18,2022,10.00 ET
NEW YORK, March 18,2022 /PRNewswirel
The Conference Board Leading Economic Index@
(LEI) for the U.S. increased by 0.3 percent in February to 119.9 (2016 = 100), following a 0.5 percent
decrease in January and a 0.8 percent increase in December:
"The US LEI rose slightly in February; partially reversing January's decline,
said Ataman Ozyildirim
Senior Director of Economic Research at The Conference Board: "However; the latest results do
not reflect the full impact of the Russian invasion of Ukraine, which could lower the trajectory for
the US LEI and signal slower-than-anticipated economic growth in the first half of the year: The
global economic impact of the war on supply chains and soaring energy; food,
metals prices_
coupled with
interest rates, existing labor
shortages, and high inflation-all pose headwinds
to US economic growth: While the Omicron wave and its economic impact waned in recent
months; the potential for new COVID-19 variants remains Amid these risks; The Conference Board
and
rising