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· the lei is a predictive tool that anticipates—or “leads”—turning points in the business cycle by around seven months. · about the conference board leading economic index® (lei) and the conference board coincident economic … Negative contributions from consumer expectations for business conditions, ism® … · monthly composite of leading, coincident, and lagging indexes used to forecast, date, and confirm changes in the direction of … · the leading, coincident, and lagging indexes are designed to signal peaks and troughs in the business cycle for major … The conference board lei for the us declined in june.