Home/GDP/Leading Indicators

Index of Leading Economic Indicators

The Conference Board's composite Leading Economic Index (LEI) — the standard forward-looking gauge of the U.S. business cycle. Index level and the six-month annualized growth rate, with NBER recessions shaded.

Latest data …

Shaded bands mark NBER recessions · click a legend chip to toggle a series · every chart exports to CSV & PNG

Conference Board LEI — index level, 2016 = 100, seasonally adjusted

↓ PNG ↓ CSV

Source: The Conference Board — Composite Index of Leading Indicators (2016=100, SA). Shaded bands: NBER recessions.

LEI — Six-Month Growth Rate

Annualized % change over the prior six months — the classic business-cycle signal

↓ PNG ↓ CSV

Source: The Conference Board — computed as ((LEI₍t₎ / LEI₍t-6₎)² − 1) × 100. Shaded bands: NBER recessions.