The Conference Board Leading Economic Index® (LEI) for Mexico Declines - News and Weather For The Quad Cities -

The Conference Board Leading Economic Index® (LEI) for Mexico Declines

  • Most Popular StoriesMost Popular StoriesMore>>

  • Sex Offender Escapes Davenport Corrections Facility

    Sex Offender Escapes Davenport Corrections Facility

    Tuesday, August 19 2014 4:37 PM EDT2014-08-19 20:37:55 GMT
    A man described as a "lifetime Sex Offender" is on the loose, after failing to report back to a work released facility in Davenport.More >>
    A man described as a "lifetime Sex Offender" is on the loose, after failing to report back to a work released facility in Davenport.More >>
  • Meaning Of Ice Bucket Challenge

    Meaning Of Ice Bucket Challenge

    Tuesday, August 19 2014 7:23 PM EDT2014-08-19 23:23:59 GMT
    Nikki and Craig Leonard both lost their fathers to ALS, also known as Lou Gehrig's Disease. Their family is grateful for the viral Ice Bucket Challenge. They see it as a great way of raising awareness of a disease that is often overlooked.More >>
    Nikki and Craig Leonard both lost their fathers to ALS, also known as Lou Gehrig's Disease. Their family is grateful for the viral Ice Bucket Challenge. They see it as a great way of raising awareness of a disease that is often overlooked.More >>
  • Overnight Fire In Rock Island

    Overnight Fire In Rock Island

    Tuesday, August 19 2014 8:07 AM EDT2014-08-19 12:07:37 GMT
    An overnight fire caused considerable damage at a home in Rock Island, Ill. The call came in around 1:52 a.m. on Tuesday, August 19, 2014. Fire crews were called...More >>
    An overnight fire caused considerable damage at a home in Rock Island, Ill. The call came in around 1:52 a.m. on Tuesday, August 19, 2014. Fire crews were called...More >>

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE The Conference Board

NEW YORK, May 23, 2014 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Mexico declined 0.2 percent in March to 120.7 (2004 = 100), following a 0.7 percent decline in February, and a 1.4 percent decline in January.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Mexico, a measure of current economic activity, increased 0.2 percent in March to 122.9 (2004 = 100), following no change in February, and a 0.1 percent increase in January.

The LEI for Mexico has been declining since December of last year, and as a result its six-month change has fallen deeper into negative territory. Meanwhile, the CEI's growth has been rising slightly since the summer of last year. Despite the steady growth in the CEI, the persistent weakness in the LEI over the last six months suggests that the current moderate pace of economic activity is unlikely to accelerate in the near term.

About The Conference Board Leading Economic Index® (LEI) for Mexico
The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle. The leading and coincident economic indexes are essentially composite averages of several individual leading or coincident indicators. They are constructed to summarize and reveal common turning point patterns in economic data in a clearer and more convincing manner than any individual component – primarily because they smooth out some of the volatility of individual components.

The six components of The Conference Board Leading Economic Index® for Mexico include:

Industrial Production, Construction Component
Stock Prices
U.S. Refiners' Acquisition Cost of Domestic and Imported Crude Oil
Net Insufficient Inventories
Federal Funds Rate
Real Exchange Rate

For more information including full press release and technical notes:
http://www.conference-board.org/data/bcicountry.cfm?cid=8

For more information about The Conference Board global business cycle indicators:
http://www.conference-board.org/data/bci.cfm

About The Conference Board
The Conference Board is an independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.  www.conference-board.org.

Follow The Conference Board
Twitter | Facebook | LinkedIn

 

Summary Table of Composite Indexes



2014


6-month  


Jan  

Feb  

Mar  

Sep to Mar  






Leading index

121.7 r

120.9 r

120.7


  Percent Change

-1.4

-0.7 r

-0.2

-2.5

  Diffusion

8.3

41.7

58.3

66.7






Coincident Index

122.7 r

122.7 r

122.9 p


  Percent Change

0.1 r

0.0 r

0.2 p

0.9 p

  Diffusion

100.0

66.7

66.7

66.7






n.a. Not available    p Preliminary    r Revised

Indexes equal 100 in 2004

Source: The Conference Board      All Rights Reserved

 

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow

805 Brady Street, Davenport, IA 52803

Telephone: 563.383.7000
Fax: 563.383.7131
Email: news@kwqc.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Davenport, Inc. A Media General Company.