LEADING ECONOMIC INDICATORS (LEI)
\lˈiːdɪŋ ˌiːkənˈɒmɪk ˈɪndɪkˌe͡ɪtəz lˈe͡ɪ], \lˈiːdɪŋ ˌiːkənˈɒmɪk ˈɪndɪkˌeɪtəz lˈeɪ], \l_ˈiː_d_ɪ_ŋ ˌiː_k_ə_n_ˈɒ_m_ɪ_k ˈɪ_n_d_ɪ_k_ˌeɪ_t_ə_z__ l_ˈeɪ]\
Definitions of LEADING ECONOMIC INDICATORS (LEI)
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Ten underlying economic indicators as a composite index. Individually or combined, their trends predict changes in the economic cycle. Conference Board releases a report on this composite on or around the 20th of each month. Various financial information Web sites display this index. Also known as the Composite Index of Leading Indicators.
By Henry Campbell Black
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