The Conference Board Leading Economic Index (LEI) for the US ticked down by 0.1% in May 2025 to 99.0 (2016=100), after declining by 1.4% in April (revised downward from –1.0% originally reported). The LEI has fallen by 2.7% in the six-month period ending May 2025, a much faster rate of decline than the 1.4% contraction over the previous six months.
The Conference Board Coincident Economic Index (CEI) for the US inched up by 0.1% in May 2025 to 115.1 (2016=100), after a 0.2% increase in April. The CEI rose by 1.3% over the six-month period between November 2024 and May 2025, more than twice as fast as its 0.5% growth over the previous six months.
The Conference Board Lagging Economic Index (LAG) for the US increased by 0.4% to 119.6 (2016=100) in May 2025, after a 0.3% increase in April. The LAG’s six-month growth rate was also positive at 0.8% between November 2024 and May 2025—a reversal of its 0.3% decline over the previous six months (May–November 2024).