US Leading Economic Index Declines in March 2026, Indicating Economic Slowdown
The US Leading Economic Index (LEI) fell by 0.6% in March 2026, reversing its February gain, signaling a potential economic slowdown. The Conference Board revised its 2026 GDP growth forecast to 1.6% from 2%, citing higher oil prices, supply chain tensions, and weaker consumer spending. The Coincident Economic Index (CEI) remained stable, showing modest growth over six months.
Topics: consumer spending economic slowdown GDP forecast inflation labor market