Tag: macro indicators

Leading Indicators

Leading Indicators

The leading economic index (LEI) for the United States was implemented in 1996 and introduced the interest rate spread as a measure for recessions but also measures used to cover manufacturing orders, commodity, prices, and inflation. The LEI index is thought to change in advance of the general economy; thus, it is used to gauge whether the pace of future business activity is expected to accelerate, decelerate, or trend sideways.

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