The __________ is a monthly composite economic index published by the Conference Board and is intended to signal peaks and troughs in the business cycle.
A) leading economic index
B) consumer confidence index
C) exchange rate trends
D) interest rate forecasts

Question

Quizplus · Accepted Answer

The leading economic index (LEI) is a monthly composite economic index published by the Conference Board. Its purpose is to provide a signal for peaks and troughs in the business cycle, making it a useful tool for predicting future economic activity. The LEI combines 10 economic indicators, including employment data, stock prices, and manufacturing data, to create an overall picture of the economy's health.

The __________ Is a Monthly Composite Economic Index Published by the Conference