In October 2021, the U.S. Leading Economic Index (LEI) rose 0.9%, to 118.3 points, reports the Economic Outlook Update (EOU), published by Business Valuation Resources (BVR). The report notes that, following the rise, the U.S. LEI broke its previous record high reached in September 2021. “The increased pace now suggests that the economy is projected to grow in 2022 and perhaps gain some momentum into the final months of the year,” the report says. The Conference Board now forecasts real GDP growth to reach 5.0% for the fourth quarter of 2021 and 2.6% for the first quarter of 2022. The 52-page Economic Outlook Update for October 2021 contains expansive research from leading authoritative resources, which you can use in your valuation reports as long as you give proper attribution. To learn more, visit bvresources.com/eou.