Source: The Conference Board.
Release Time: 8:30 ET around the first few business days of the month for two months prior.
The Leading Indicators report is largely a composite of prior indicators such as new orders, jobless claims, money supply, average workweek, building permits, and stock prices. Because the report is highly predictable it is less likely to move the market dramatically.
The Federal Reserve watches leading indicators to aid decision making policy on interest rates.