Economic Buzz: US Leading Economic Index Surges

Economic Buzz: US Leading Economic Index Surges

Jun 18, 2021 08:06 IST capital market

The US Conference Board said its leading economic index surged up by 1.3% in May, matching the revised jump in April. The report said the coincident economic index climbed by 0.4% in May after rising by 0.3% in April and jumping by 1.3% in March. The lagging economic index fell by 2.2% in May after soaring by 3% in April and plunging by 4.2% in March.

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