Also not sure if this is the right section for this...
How do I read the Leading Economic Index published by The Conference Board?
The LEI increased 0.8% is September to 104.4. What does this mean exactly?
I understand that 104.4 is relative to the value of 100 set in 2004.
But what does this mean for the future 3-9 months of the economy?
And, yes, I tried Google, and I tried The Conference Board's website.
How do I read the Leading Economic Index published by The Conference Board?
The LEI increased 0.8% is September to 104.4. What does this mean exactly?
I understand that 104.4 is relative to the value of 100 set in 2004.
But what does this mean for the future 3-9 months of the economy?
And, yes, I tried Google, and I tried The Conference Board's website.
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