Press Release: The Conference Board Leading Economic Index(R)(LEI) for Japan Decreases

 
               Summary Table of Composite Economic Indexes 
                                            2014             6-month 
                                    Oct      Nov     Dec    Jun to Dec 
 
Leading Economic Index (LEI)        102.8  p103.4  p103.2  p 
 Percent Change                       0.2  p  0.6  p -0.2  p       0.9  p 
 Diffusion                           90.0    80.0    60.0         65.0 
 
Coincident Economic Index (CEI)      97.8  p 97.6  p 98.2  p 
 Percent Change                       0.0  p -0.2  p  0.6  p       0.7  p 
 Diffusion                           75.0    25.0    87.5         75.0 
 
n.a. Not 
 available    p Preliminary    r Revised 
Indexes equal 100 in 2010 
Source: The Conference Board              All 
 Rights Reserved 
 

        The Conference Board Leading Economic Index(R) (LEI) for Japan Decreases
        PR Newswire
        NEW YORK, Feb. 11, 2015
        NEW YORK, Feb. 11, 2015 /PRNewswire/ -- The Conference Board Leading Economic Index(R) (LEI) for Japan decreased 0.2 percent in December to 103.2 (2010 = 100), following a 0.6 percent increase in November, and a 0.2 percent increase in October.
        At the same time, The Conference Board Coincident Economic Index(R) (CEI) for Japan, a measure of current economic activity, increased 0.6 percent in December to 98.2 (2010 = 100), following a 0.2 percent decline in November, and no change in October.
        The Conference Board LEI for Japan has been on an upward trend since August of 2014, with widespread strengths among its components and an improved six-month growth rate. At the same time, the Conference Board CEI for Japan has bounced back from November's decline and its growth is now positive compared to six months ago. Taken together, the recent behavior of both indexes suggests a pickup in economic activity is very likely in the months ahead.
        About The Conference Board Leading Economic Index(R) (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(R) 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
        For more information including full press release and technical notes:
        http://www.conference-board.org/data/bcicountry.cfm?cid=5
        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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        To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-conference-board-leading-economic-index-lei-for-japan-decreases-300034964.html
        SOURCE The Conference Board
        /Web site: http://www.conference-board.org
        (END) Dow Jones Newswires

        February 11, 2015 20:00 ET (01:00 GMT)

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