The Conference Board Leading Economic Index® (LEI) for France Decreases - KPTV - FOX 12

The Conference Board Leading Economic Index® (LEI) for France Decreases

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SOURCE The Conference Board

BRUSSELS, July 18, 2014 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for France declined 0.2 percent in May to 118.2 (2004 = 100), following a 0.1 percent increase in April, and a 0.4 percent increase in March.

At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, declined 0.1 percent in May to 103.4 (2004 = 100), following no change in April, and a 0.1 percent decline in March.

The upward trend in the LEI has moderated, and its six-month growth rate has slowed over the last six months. Meanwhile, despite month-to-month volatility, the CEI has been relatively flat since October 2012, and its six-month growth rate has turned slightly negative for the first time in seven months. Taken together, the recent behavior of the composite indexes suggests that growth in economic activity is unlikely to pick up in the near term.

About The Conference Board Leading Economic Index® (LEI) for France  
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 seven components of The Conference Board Leading Economic Index® for France include:

Yield Spread, 10 year minus Day-Day Loan  
Stock Price SBF 250 Index  
Building Permits, residential  
New Unemployment Claims  
Industrial New Orders  
Production Expectations  
Ratio Deflator of Manufacturing Value Added to Unit Labor Cost  

For more information including full press release and technical notes:  
http://www.conference-board.org/data/bcicountry.cfm?cid=3

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.

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Summary Table of Composite Indexes

 


2014


 6-month


Mar


Apr


May


Nov to May













Leading Economic Index (LEI)  

118.3


118.4


118.2

p




     Percent Change  

0.4


0.1

p  


-0.2

p  


0.9

p

     Diffusion 

78.6



64.3



64.3



64.3














Coincident Economic Index (CEI) 

103.5


103.5


103.4




     Percent Change  

-0.1

p  


0.0


-0.1


-0.2

p

     Diffusion 

25.0



62.5



37.5



25.0














 

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.

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