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Why Drove the Leading Economic Index Higher in April?

Ricky Cove
Why Drove the Leading Economic Index Higher in April?

The Conference Board Leading Economic Index (or LEI) is a monthly economic data release that helps investors track changes to the US business cycle. This index was constructed using an economic model that incorporates changes to ten forward-looking economic indicators. The Conference Board is an independent business membership and research institute that prepares reports for different economies.