The Housing Chronicles Blog: Leading Economic Index declined in May as initial unemployment claims rose

Thursday, June 23, 2016

Leading Economic Index declined in May as initial unemployment claims rose

The US LEI declined in May, primarily due to a sharp increase in initial claims for unemployment insurance. While the LEI suggests the economy will continue growing at a moderate pace in the near term, volatility in financial markets and a moderating outlook in labor markets could pose downside risks to growth.

No comments: