Leading Indicators

MeasuresLevel of a composite index based on 11 economic indicators;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, about 35 days after the month ends;
Next Release
FF NotesThis index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. There's a revised version of this indicator released about 20 days later, but it's not included for lack of significance. Source changed series from a diffusion index to a composite index as of Jun 2008 and changed series calculation formula as of Jul 2023;
Derived ViaCombined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads;