"The Conference Board Leading Economic Index (LEI) for theU.S. increased 0.3 percent in April to 126.9 (2010 = 100), following a 0.3 percent increase in March, and a 0.5 percent increase in February," said The Conference Board's in its official report on Thursday.
Commenting on the report, “The recent trend in the U.S. LEI, led by the positive outlook of consumers and financial markets, continues to point to a growing economy, perhaps even a cyclical pickup," said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board.
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