Forex Dictionary

Leading Economic Index

Leading Economic Index

Measures the Level of a composite index based on 12 economic indicators; Released monthly, about 38 days after the month ends; Source changed from a diffusion index to a composite index as of Jun 2008. There's a revised version of this index released about 10 days later, but it's not included for lack of significance. Tends to have a muted impact because the individual indicators are released earlier;