Conference Board U.S. Leading Index (LEI) vs. U.S. GDP

Conference Board U.S. Leading Index vs. U.S. GDP This chart shows the good correlation between the Conference Board U.S. Leading Index Year-over-Year (white line) and U.S. GDP (blue line). The LEI is a good recession indicator. Image: Bloomberg, Jeroen Blokland

U.S. Real GDP Leading Indicator

U.S. Real GDP Leading Indicator The U.S. real GDP leading indicator suggests an improvement in the second half of 2020 (R² = 0.74). Image: KKR Global Macro

OECD Total LEI lead OECD Real GDP

OECD Total LEI lead OECD Real GDP This chart suggests that the OECD’s leading economic indicators lead OCDE real GDP by 6 months. Image: Strategas

Leading Indicators Are Improving Globally

Leading Indicators Are Improving Globally Leading economic indicators have been improving throughout 2019. This may suggest that global growth is back on track. Image: Richardson GMP