Topic: Composite Economic Indicator For 1997
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Composite Index of Leading Economic Indicators: How to Make It Mo...
A major shortcoming of the U.S. leading index is that it does not use the most recent information for stock prices and yield spreads. The index methodology ignores these data in favor of a time-consistent set of components (i.e., all of the... Read More »
Source: http://www.phil.pku.edu.cn/resguide/comdig/ComDig01/ComDig01-34.h...
