The Leading Economic Indicators and Business Cycles in the United States

The Leading Economic Indicators and Business Cycles in the United States



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English | 2022 | ISBN: 978-3-030-99418-1 | 666 pages | True PDF, EPUB | 71.2 MB

In a time of unprecedented economic uncertainty, this book provides empirical guidance to the economy. This monograph explores time series forecasting and economic cycles using the Leading Economic Indicators, LEI, which are maintained and enhanced by The Conference Board. Given the highly statistically significant relationship with GDP and the unemployment rate, the LEI series is particularly useful for practitioners to help predict business cycles.