US Leading Economic Index fell 0.6% in April to 107.5 compared to a 1.2% decline in March, signaling a worsening economic outlook; Conference Board forecasts a recession starting in Q2

May 18, 2023 (press release) –

The Conference Board Leading Economic Index® (LEI) for theU.S. declined 0.6 percent in April 2023 to 107.5 (2016=100), following a decline of 1.2 percent in March.

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