In November, the USA's Conference Board Leading Indicators rose by 0.3%, nearly reversing the 0.4% decline in October. During the six-month period from May to November 2024, the leading Indicators decreased by 1.6%, slightly lower than the 1.9% decline in the previous six months (from November 2023 to May 2024). Justyna Zabinska-La Monica, a senior manager for business cycle Indicators at the Conference Board, stated that the USA's economic Indicators in November rose for the first time since February 2022. The increase in building permits, continued support in the stock market, improvement in average working hours in manufacturing, and a decrease in initial jobless claims all boosted this Indicator. Overall, the rise in the Indicator is a positive sign for future economic activity in the USA. The USA's GDP is currently expected to grow by 2.7% in 2024, but growth is projected to slow to 2.0% in 2025.
美国11月领先指标回升，经济复苏现积极信号
In November, the USA's leading Indicators rebounded, showing Bullish Signals for economic recovery.
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