By Tom Ozimek Former President Donald Trump issued a warning about the direction of the U.S. economy after Friday’s job creation numbers came in far below expectations and as more Americans were bumped onto unemployment rolls. The Bureau of Labor Statistics (BLS) reported on May 3 that the U.S. economy added 175,000 new jobs last […]
Tag: Leading Economic Index (LEI)
The Conference Board Leading Economic Index is an American economic leading indicator intended to forecast future economic activity. It is calculated by The Conference Board, a non-governmental organization, which determines the value of the index from the values of ten key variables.