CB Leading Index m/m

Measures Change in the level of a composite index based on 6 economic indicators;
Usual Effect Actual > Forecast = Good for currency;
FF Notes This 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. Source first released in May 2010;
Derived Via Combined reading of 6 economic indicators related to total loans issued, raw material supplies index, new orders, consumer expectations, export orders and housing;
Also Called Leading Indicators;
Acro Expand The Conference Board (CB);

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