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<p>The Leading Economic Index (LEI) from the Conference Board improved once again in July, taking the Index to another record high.&nbsp; The LEI showed broad strength, as all ten of the Index’s leading economic components were either positive or unchanged last month. &nbsp;This bodes well for the U.S. economic outlook, yet the Conference Board acknowledged that both the COVID-19 Delta variant and inflation fears could be headwinds in the near-term.</p>
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<div class="wp-block-image"><figure class="aligncenter size-full"><img src="https://ns2020-investech.investech.com/wp-content/uploads/2021/08/lei.jpg" alt="" class="wp-image-11267"/></figure></div>
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