U.S. Chamber of Commerce announced the U.S. Conference Board Leading Economic Index MoM for April on 2025-05-19. The reported figure stands at -1%, against a forecast of -0.9%, with the prior figure recorded as -0.70%.
Regarding the U.S. Conference Board Leading Economic Index MoM for April, If the indicator is higher than expected, the dollar should be considered strong/bullish, while if the indicator is lower than expected, the dollar should be considered weak/bearish, Leading indicators refer to indicators that lead in time relative to fluctuations in the national economic cycle. For example, if a certain indicator peaks or falls into a trough several months ahead of the national economic cycle, these indicators are called leading indicators. These indicators can provide signs of the economic situation in the upcoming years. Due to their predictive nature regarding future economic conditions, they attract the attention of investors. However, since the data used by the Conference Board's leading indicators is all based on previously released official data, their impact on the market is relatively small.
This data holds an importance level of , calculated using The World Federation of Large Enterprises Leading Index combines 10 indicators such as building permits, new orders, money supply, and average weekly working hours to measure the overall health of the economy. Therefore, this report is particularly easy to predict, and the market has little interest in it, and updates Once a month.
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