Investment Updates
Tracking The Economic Boom
Published Thursday, December 23, 2021 at: 10:30 PM EST
The Leading Economic Index (LEI) for the United States rose sharply in November again. It’s higher than it’s ever been since its inception in 1959.
The Conference Board forecasts real GDP growth to strengthen in Q4 2021 to an annualized rate of about 6.5%, before moderating to a still-healthy rate of 2.2% in Q1 2022. The November reading suggests the current economic expansion will continue into the first half of 2022, according to The Conference Board, an association for U.S. corporate giants.
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