Track the US CB Leading Index m/m to gauge future economic trends. Insights despite prior data releases.
This index aims to forecast economic trends, though it often has a limited influence since most of the indicators used are released in advance. Note that the calculation formula for this series was modified in January 2012.
What it Measures
It represents the change in the level of a composite index derived from ten economic indicators.
Usual Effect
A result that exceeds the forecast is favorable for the currency.
Source & Frequency
The Conference Board Inc. (latest release) - https://www.conference-board.org/ • Data is released monthly, approximately 20 days after the conclusion of the month.
How Data is Derived
Combined reading of 10 economic indicators related to employment, new orders, consumer confidence, housing, stock market prices, credit trends, and interest rate spreads
Also Known As
Leading Indicators
Acronym
The Conference Board (CB)