Press Release: The Conference Board Leading Economic Index(R)(LEI) for Korea Declines

 
              Summary Table of Composite Economic Indexes 
                                            2014              6-month 
                                    Oct      Nov     Dec     Jun to Dec 
                                   ------   -----   -----   ------------ 
 
Leading Economic Index (LEI)        108.7   108.2  r108.1 
 Percent Change                       0.4    -0.5  r -0.1         0.8 
 Diffusion                           66.7    66.7  r 25.0        50.0 
 
Coincident Economic Index (CEI)     106.5  p106.8  p107.5  p 
 Percent Change                      -0.1  p  0.3  p  0.7  p      1.1  p 
 Diffusion                           50.0    75.0   100.0       100.0 
 
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 Korea Declines
        PR Newswire
        NEW YORK, Feb. 11, 2015
        NEW YORK, Feb. 11, 2015 /PRNewswire/ -- The Conference Board Leading Economic Index(R) (LEI) for Korea declined 0.1 percent in December to 108.1 (2010 = 100), following a 0.5 percent decline in November, and a 0.4 percent increase in October.
        At the same time, The Conference Board Coincident Economic Index(R) (CEI) for Korea, a measure of current economic activity, increased 0.7 percent in December to 107.5 (2010 = 100), following a 0.3 percent increase in November, and a 0.1 percent decline in October.
        The LEI for Korea has declined in the last two months, and as a result, its six-month growth rate, while still positive, has slowed substantially compared to the first half of last year. Meanwhile, the CEI for Korea increased in December, and its six-month change has improved considerably over the second half of 2014. The weaker growth in the leading economic index and diminishing strengths among its components suggest that the economy may be facing downward pressures in the months ahead.
        About The Conference Board Leading Economic Index(R) (LEI) for Korea
        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(R) for Korea include:
        Stock Prices
        Value of Machinery Orders
        Index of Inventories to Shipments
        Export FOB
        Yield of Government Public Bonds
        Private Construction Orders
        For more information including full press release and technical notes:
        http://www.conference-board.org/data/bcicountry.cfm?cid=6
        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-korea-declines-300034822.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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