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Leading Indicators Index

Leading Indicators Index is a weighted average of the following measures: Production Orders, Jobless Claims, Money Supply, average workweek, Building Permits, prices of main stocks, Durable Goods Orders, Consumer Choice. It is believed that this measure characterizes the development of the economy over the next 6 months.

There is also a rule of thumb: value of the indicator in the negative region for three consecutive months is an indicator of a slowdown of the economy. It has a limited impact on the market. Its limited impact is due to the fact that the value of the index is released a month after the reporting period, when virtually all the major indexes have been published. Growth of the index leads to the growth of the dollar.

  • Release Frequency: monthly.
  • Release Schedule: 10:00 EST, at the beginning of the month.
  • Source: the NY-based Conference Board.