![]() declined by 0.7 percent in May 2023 to 106.7 (2016=100), following a decline of 0.6 percent in April. The Conference Board Leading Economic Index® (LEI) for the U.S. The Coincident Economic Index provides an indication of the current state of the economy. The Leading Economic Index provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. Declined Further in MayĪbout the Leading Economic Index and the Coincident Economic Index: ![]() The Conference Board publishes leading, coincident, and lagging indexes designed to signal peaks and troughs in the business cycle for major economies around the world. ![]()
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