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