5471. Composite Indexes of Leading, Coincident, and Lagging Indicators: May 2000
- Publication Date:
- 05-2000
- Content Type:
- Policy Brief
- Institution:
- The Conference Board
- Abstract:
- The leading index decreased by 0.1 percent, the coincident index increased by 0.2 percent, and the lagging index increased by 0.2 percent in May. Taken together, the three composite indexes and their components point to sustained expansion but not at the rapid pace we saw in the beginning of the year: The modest pace in the leading index in the recent months clearly indicates some loss of momentum in the pace of economic activity. Gains in the employment, income, and industrial production continue to drive the coincident index. Future interest-rate increases remain to be the most significant threat to the current economic expansion.
- Topic:
- Economics
- Political Geography:
- United States