The Conference Board Leading Economic Index® (LEI) for Mexico Increases - KCTV5

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

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SOURCE The Conference Board

NEW YORK, Aug. 22, 2014 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Mexico increased 1.7 percent in June to 125.7 (2004 = 100), following a 0.9 percent increase in May and a 1.0 percent increase in April.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Mexico, a measure of current economic activity, increased 0.3 percent in June to 124.6 (2004 = 100), following a 0.5 percent increase in May, and a 0.3 percent increase in April.

The LEI for Mexico increased in June, for the fourth consecutive month. As a result, its six-month growth has turned positive and is largely improved compared to the second half of last year. Meanwhile, the rate of growth in the CEI has continued to pick up through the first half of this year, with very widespread strengths among its components. Taken together, the continued improvement in both the LEI and the CEI growth suggests that the rate of economic expansion will likely pick up in the second half of 2014.

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.

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Summary Table of Composite Indexes


2014


 6-month


Apr

May

Jun

Dec to Jun










Leading index  

122.5

r

123.6

r

125.7




  Percent Change

1.0

r

0.9

r

1.7


1.9


  Diffusion 

91.7

r

91.7


83.3


75.0


Coincident Index

123.6

r

124.2


124.6

p



  Percent Change

0.3

r

0.5

r

0.3

p

1.5

p

  Diffusion

100.0


100.0


100.0


100.0











n.a. Not available    p Preliminary    r Revised


Indexes equal 100 in 2004





Source: The Conference Board    All Rights Reserved



 

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