LEI and GDP

"BEAUTY in the EYE of the BEHOLDER"

• Index of Leading Economic Indicators (LEI or ILEI): The Conference Board provides this index every quarter. It consists of 11 economic reports, such as initial unemployment claims, stock-market activity, building permits, new orders for consumer goods, plant and equipment orders and sensitive material prices.

Since the LEI consists of so many varied economic reports, it is generally considered to be a helpful gauge of future economic activity. In fact, three consecutive increases in the LEI suggest the economy may be on the threshold of a sustained period of expansion.


**Now, all I ask of you is to take the GDP report in context to the description for the LEI, and know that we have had FIVE consecutive DECLINES in it and 6 of the last 7.