leading economic index

The Leading Economic Index (LEI) is a collection of key indicators, such as new orders for goods, stock market performance, and employment data, that economists analyze to forecast future economic activity. It helps predict whether the economy is likely to grow or slow down in the coming months. Essentially, the LEI acts as an early warning system, providing insights into the economy's direction before changes are visible in regular economic data like GDP or unemployment rates. Its goal is to help businesses, policymakers, and investors make informed decisions based on anticipated economic trends.