Press Release: The Conference Board Leading Economic Index(R) (LEI) for Australia Increased
23 May 2017 - 1:00AM
Dow Jones News
The Conference Board Leading Economic Index(R) (LEI) for
Australia Increased
PR Newswire
NEW YORK, May 22, 2017
NEW YORK, May 22, 2017 /PRNewswire/ -- The Conference Board
Leading Economic Index(R) (LEI) for Australia increased 0.5 percent
in March 2017 to 108.9 (2010=100).
The Conference Board Coincident Economic Index(R) (CEI) for
Australia increased 0.3 percent in March 2017 to 111.0
(2010=100).
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 updated data tables can be found here.
The 2017 data release schedule is available here.
For more information about The Conference Board global business
cycle indicators, click here.
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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SOURCE The Conference Board
/CONTACT: Carol Courter (212) 339-0232 /
courter@conference-board.org; Jonathan Liu (212) 339-0257 /
jonathan.liu@conference-board.org
/Web site: http://www.conference-board.org
(END) Dow Jones Newswires
May 22, 2017 10:45 ET (14:45 GMT)
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