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<Econ> US Mar 2026 Conference Board LEI Falls 0.6%
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The Conference Board said on Thursday that the US Leading Economic Index (LEI) fell 0.6% in March 2026 to 97.3, fully reversing the 0.3% increase to 97.9 in February, while January stood at 97.6. Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, said the US LEI declined sharply in March, driven by falling building permits as well as weaker consumer expectations and stock prices. The LEI continues to signal an economic slowdown in the coming months, as rising oil prices and supply chain tensions are likely to exert additional upward pressure on inflation and further erode consumers purchasing power. The Conference Board downgraded its US GDP growth forecast to well below 2%, with the 2026 growth projection lowered to 1.6%. The Coincident Economic Index (CEI) held steady at 115.2 in both March and February. The Lagging Economic Index (LAG) rose 0.3% in March to 120.4. (to) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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