The Conference Board Leading Economic Index® (LEI) for Japan Increases
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 firstname.lastname@example.org.
SOURCE The Conference Board
NEW YORK, June 11, 2013 /PRNewswire/ -- The Conference Board Leading Economic Index®(LEI) for Japan increased 0.4 percent in April to 97.6 (2004 = 100), following a 2.6 percent increase in March, and a 1.4 percent increase in February.
At the same time, The Conference Board Coincident Economic Index®(CEI) for Japan, a measure of current economic activity, increased 0.2 percent in April to 97.1 (2004 = 100), following a 0.1 percent increase in March, and a 0.2 percent increase in February.
The Conference Board LEI for Japan has been increasing since December 2012, and as a result, its six-month growth is up sharply. At the same time, The Conference Board CEI for Japan has been increasing since the beginning of 2013, and its six-month change has also improved from the second half of last year. Taken together, the improvements in both the LEI and CEI suggest that the current rate of economic expansion is likely to continue in the coming months.
About The Conference Board Leading Economic Index® (LEI) for Japan 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 ten components of The Conference Board Leading Economic Index® for Japan include:
Operating Profits Dwelling Units Started Business Failures Index of Overtime Worked Stock Prices (TOPIX) Six-Month Growth Rate of Labor Productivity Tankan Business Conditions Survey Money Supply Yield Spread New Orders for Machinery and Construction
About The Conference Board The Conference Board is an independent business membershipand research association working in the public interest. Our mission is unique: To provide the world's leading organizationswith 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.
Thursday, June 20 2013 12:47 AM EDT2013-06-20 04:47:07 GMT
DEWEY BEACH, Del.- Count Dewey Beach among the towns hosting a fireworks show this Fourth of July. But unlike other towns, Dewey might be making some history on Independence Day.Alex Pires and John Snow,More
Alex Pires and John Snow, representing the business group Highway One, are attempting to set a Guinness World Record for most fireworks set off in a ten minute period with a show put on above the bayside of Dewey Beach.More
Wednesday, June 19 2013 1:44 PM EDT2013-06-19 17:44:04 GMT
LINCOLN, Del.- Delaware State Police are conducting a death investigation after human remains were located in a wooded stream bed near the railroad tracks in Lincoln early Tuesday afternoon. PoliceMore
Delaware State Police are conducting a death investigation after human remains were located in a wooded stream bed near the railroad tracks in Lincoln early Tuesday afternoon.More
Wednesday, June 19 2013 11:23 AM EDT2013-06-19 15:23:06 GMT
HEBRON, Md.- Police have arrested a man accused of tampering with meat products at a Hebron grocery store. Stephen Charles Berry, 60, of Hebron, was taken into custody Tuesday and charged with five countsMore
Police have arrested a man accused of tampering with meat products at a Hebron grocery store.More
Wednesday, June 19 2013 11:23 AM EDT2013-06-19 15:23:33 GMT
DOVER, Del.- Police have arrested two suspects and are looking for two others in connection with an early Wednesday home invasion in Dover. Dover police said the crime occurred at around 12:43 a.m. onMore
Police have arrested two suspects and are looking for two others in connection with an early Wednesday home invasion in Dover.More
Fourteen-year-old Christina Atkins died two years ago. Her family said she was in a locked bathroom at Beebe Medical Center in Lewes giving a urine sample, when she had some sort of a medical emergency. What exactly that emergency was remains a mystery. Regardless, she was behind a locked door. WBOC's Mike Chesney reports.More