U.S. Leading Indicators Growth Rate Slowed In May; Should You Worry?
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Published Friday, June 22, 2018 at: 7:00 AM EDT

Is slower acceleration of U.S. growth in leading economic indicators a problem? The U.S. Leading Economic Index (LEI) grew slower in May than in recent months but remained in record territory, according to the latest release of this key forward-looking indicator. Economic growth "is not likely to accelerate," according to Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board, which conducts the research tracking the 10-component indexes in the LEI monthly.The LEI has dropped before all other post-War recessions. Slower acceleration in the growth of the economy is feeding skepticism about the durability of the current...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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