U.S. LEI rise again in October

October Leading Indicators: +0.7% to 108.2 vs. +0.7% consensus and +0.7% prior.

Coincident Economic Index +0.5% to 102.7 .

Lagging Economic Index +0.1% to 107.1.

“Furthermore, downside risks to growth from a second wave of COVID-19 and high unemployment persist. While The Conference Board projects the US economy will expand in Q4, the pace of growth is unlikely to exceed 2.2 percent (annual rate).” says Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board.