U.S. Economic News

February 22, 2021

U.S. Economic Indicators

The Conference Board’s Leading Economic Index (“LEI”) rose 0.5% in January following a 0.4% increase in December. While the LEI’s pace of increase has slowed since mid-2020, the broad-based improvement in January suggests economic growth could recover gradually as vaccine deployment accelerates in the first half of 2021. Conference Board Report

The Chicago Fed National Activity Index rose from +0.41 in December to +0.66 in January. All four of the broad categories of indicators – production, employment, consumption, and sales, orders, & inventories – contributed positively to the overall index. Chicago Fed Report