Conference Board Leading Economic Index

The Conference Board Leading Economic Index is an American economic leading indicator intended to forecast future economic activity. It is calculated by The Conference Board, a non-governmental organization, which determines the value of the index from the values of ten key variables. These variables have historically turned downward before a recession and upward before an expansion. The single index value composed from these ten variables has generally proved capable of predicting recessions over the past 50 years.^{[citation needed]}

See also

• Economic indicator

External links

• The Conference Board's Global Business Cycle Indicators
• The 10 components of the Conference Board Leading Economic Index
• OECD leading indicator statistics
• Floyd Norris - New York Times Piece