The trend since 2019.
The current read: BBK Leading Index is at -1.18 as of May 2026. Source: FRED/BEA via Indicators IQ.
Why it matters.
This index predicts economic momentum weeks to months out, so a negative reading suggests slower growth or recession risk ahead. If you're job hunting, considering big purchases, or managing investments, a deteriorating leading index historically means tightening conditions ahead.
Where it fits.
BBK Leading Index feeds the Outlook view — one of the six areas behind the site's Macro IQ score.