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What to Make of Another Uptick in Consumer Expectations

Ricky Cove
What to Make of Another Uptick in Consumer Expectations

What Do March Leading Indicators Signal for the US Economy? The Conference Board Leading Economic Index (or LEI) has ten constituent indicators, and all but one of these forward-looking indicators are based on expectations. The average consumer expectations for business is not a forward indicator as it is derived using expectations, rather than any economic indicator.