It is the average-weighted index of such indicators as Factory Orders, Jobless Claims, Money Supply, Average Workweek, Building Permits, Durable Goods Orders, and Consumer Confidence. The index is considered to define economic developments over the next 6 months. There is also a tendency that if the indicator is in the negative zone for 3 months in a row, it shows a slowdown in a country's economy. The leading indicator index has a limited impact on the market because it is released in a month after the reporting period when most of the indicators are already published.
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