For the first time since February 2022, US Leading Economic Indicators was positive in November (post-election)...

Building Permits and Stock prices were the biggest positive contributors to the main index while ISM New Orders and the Yield Curve were still notable drags...

With November’s gain, the LEI no longer signals an impending recession...

"Overall, the rise in LEI is a positive sign for future economic activity in the US," said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board, adding "The Conference Board currently forecasts US GDP to expand by 2.7% in 2024, but growth to slow to 2.0% in 2025.“

With November’s gain, the LEI no longer signals an impending recession...
{ai:summary}In November, the US Leading Economic Indicators (LEI) turned positive for the first time since February 2022, signaling a potential halt to recession fears. Key contributors included building permits and stock prices, though ISM New Orders and the yield curve remained challenges.The Conference Board forecasts a 2.7% GDP growth in 2024, but anticipates a slowdown to 2.0% in 2025. This shift in LEI is viewed as a hopeful sign for future economic activity. #economy

Trump Effect? US Leading Economic Indicators Positive For First Time Since Feb 2022

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