The U.S. Conference Board's leading indicator monthly rate in March was -0.7%, the largest drop since October 2023

Odaily News The U.S. Conference Board's leading indicator monthly rate in March was -0.7%, the largest drop since October 2023. (Jinshi)
The Conference Board Leading Indicator is a forward-looking indicator system used to predict changes in the economic cycle. It is released by the Conference Board and contains 10 economic variables. It reflects the economic trends in the next 3-6 months through comprehensive data. When the indicator continues to decline, it may indicate the risk of economic recession; otherwise, it implies expansion signals.