The Conference Board Economics Watch®
US/Global Monthly Series I
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The U.S. economy has grown slowly in the last few months as a result of both domestic and global headwinds. The Conference Board Leading Economic Index® (LEI) for the United States increased 0.2 percent in October 2012, following a 0.5 percent rise in September. These levels signal a slow growth trend for the U.S. economy. The six-month growth rate has slowed substantially, but it still remains in growth territory due to positive contributions from the housing and financial components. The Federal Reserve’s easing of monetary policy is fueling the rise of the financial components of the index.
Bart van Ark, Ph.D.
Bart van Ark is executive vice president and chief economist of The Conference Board. He leads a team of almost two dozen economists in New York, Brussels and Beijing who produce a range of widely watched economic indicators and growth forecasts a... Full Bio
Vivian Chen is a senior economist at The Conference Board.
She is responsible for research programs on medium and long-term growth, productivity and competitiveness. Chen leads the development of the Total Economy Database ... Full Bio
Kathy Bostjancic is director for macroeconomic analysis at The Conference Board. A specialist in the U.S. economy and financial markets, she is a member of the team that produces the U.S. economic forecast and global outlook for The Conference Boa... Full Bio