BlockBeats News, April 21st, the US March Leading Economic Index (LEI) month-over-month recorded -0.7%, marking the largest decline since October 2023. (IG)
The Leading Economic Index is a forward-looking indicator system used to predict economic cycle changes. It is published by The Conference Board and consists of 10 economic variables that reflect future economic trends over the next 3-6 months. A continuous decline in the index may indicate a risk of economic recession, while an increase suggests an expansion signal.
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