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MoM Change in Leading Economic Index in the US

Country:
USDUnited States
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Leading Economic Index in the US

The month-over-month change in the Leading Economic Index (LEI) is an indicator used to predict economic activity in the United States, showing how much it has fluctuated compared to the previous month. This data is released monthly by The Conference Board, a private economic research organization, and is crucial for assessing future economic trends.

The month-over-month data helps to understand how the LEI is changing in the short term. An increase in the index suggests that the economy is likely to expand in the future, forecasting an improvement in economic conditions. Conversely, a decrease in the index indicates a potential economic slowdown, predicting worsening economic conditions.

This data serves as a reference for policymakers to evaluate economic trends and formulate appropriate economic policies. It is also a vital source of information for businesses and investors to understand future economic conditions and make informed projections.

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