US leading index for November 0.6% vs. 0.5% estimate
US leading index for November 2020
- Prior month +0.7% revised to +0.8%
- Leading index has risen for 7 consecutive months after Covid declines in February, March and April
- the biggest positive contributor was jobless claims at +0.2
- the biggest negative contributor was average consumer expectations at -0.09
- the coincident index rose 0.2% in November after rising 0.6% in the prior month
- the lagging index fell -0.4% in November after rising 0.3% in October
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