The Conference Board Leading Economic Index® (LEI) for Mexico Declines - WCAX.COM Local Vermont News, Weather and Sports-

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

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 pressreleases@worldnow.com.

SOURCE The Conference Board

NEW YORK, March 14, 2014 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Mexico declined 0.8 percent in January to 122.5 (2004 = 100), following a 0.2 percent decline in December, and no change in November.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Mexico, a measure of current economic activity, increased 0.1 percent in January to 122.7 (2004 = 100), following a 0.2 percent increase in December, and a 0.3 percent increase in November.

The LEI for Mexico has been declining for two consecutive months, following no change in October and November. As a result, its six-month growth became slightly negative, although the rate of decline has not been as sharp as last summer. Meanwhile, the CEI for Mexico increased modestly again in January, and its six-month growth rate has been slightly rising since the first half of last year. Despite the steady but moderate growth in the CEI, the negative growth in the LEI over the last six months points to increasing downside risks to the pace of economic expansion in the first 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.

Summary Table of Composite Indexes


2013


2014

6-month


Nov

 Dec

Jan

Jul to Jan

Leading index

123.7 r

123.5 r

122.5


  Percent Change

0.0

-0.2

-0.8

-0.6

  Diffusion

66.7

75.0

16.7

50.0

 

Coincident Index

122.4 r

122.6 r

122.7 p


  Percent Change

0.3

0.2 r

0.1 p

0.9 p

  Diffusion

66.7

83.3

83.3

66.7

n.a. Not available p Preliminary r Revised
Indexes equal 100 in 2004
Source: The Conference Board    All Rights Reserved

   Follow The Conference Board
   Twitter | Facebook | LinkedIn

©2012 PR Newswire. All Rights Reserved.

  • Local NewsMore>>

  • Snowmobile season officially ends

    Snowmobile season officially ends

    Wednesday, April 16 2014 1:08 AM EDT2014-04-16 05:08:12 GMT
    Today marks the end of the snowmobile season. The Vermont Association of Snow Travelers reports a banner year with the best riding conditions in years. VAST says next year snowmobilers will be able toMore >>
    Today marks the end of the snowmobile season. The Vermont Association of Snow Travelers reports a banner year with the best riding conditions in years. VAST says next year snowmobilers will be able toMore >>
  • A big honor for a Burlington teen

    A big honor for a Burlington teen

    Wednesday, April 16 2014 1:06 AM EDT2014-04-16 05:06:26 GMT
    16-year-old Yusuf Abdi was named 2014 Vermont Boys & Girls Club Youth of the Year. He received the award during a celebration at the State House today. Judges called him extraordinary for his age, articulate,More >>
    16-year-old Yusuf Abdi was named 2014 Vermont Boys & Girls Club Youth of the Year. He received the award during a celebration at the State House today.More >>
  • Blood donor honored for his contributions

    Blood donor honored for his contributions

    Wednesday, April 16 2014 1:04 AM EDT2014-04-16 05:04:54 GMT
    There are your average blood donors who might give once or twice a year and then there is Frank Sklenarik. He's donated 140 units or 17-and-half gallons of blood since becoming a donor in 1996. Today theMore >>
    There are your average blood donors who might give once or twice a year and then there is Frank Sklenarik. He's donated 140 units or 17-and-half gallons of blood since becoming a donor in 1996. Today theMore >>
  • Weather rollercoaster wreaks havoc across the state

    Weather rollercoaster wreaks havoc across the state

    Wednesday, April 16 2014 12:07 AM EDT2014-04-16 04:07:42 GMT
    Rain, flooding and now snow. This weather rollercoaster is causing problems all around our region. Temps have dropped so the heavy rainfall has switched to snow. Rivers are spilling their banks, roadsMore >>
    Rain, flooding and now snow. This weather rollercoaster is causing problems all around our region. Temps have dropped so the heavy rainfall has switched to snow.More >>
  • Rutland mom caught stealing Easter goodies

    Rutland mom caught stealing Easter goodies

    Wednesday, April 16 2014 1:07 AM EDT2014-04-16 05:07:35 GMT
    A Rutland mom is busted for stealing goodies for her child's Easter basket.  22-year-old Monica Barker pleaded guilty to swiping about $70 in merchandise from Wal-mart. Police say most of the stolen itemsMore >>
    A Rutland mom is busted for stealing goodies for her child's Easter basket.  22-year-old Monica Barker pleaded guilty to swiping about $70 in merchandise from Wal-mart. Police say most of the stolen itemsMore >>
  • Warnings about rising rivers across our region

    Warnings about rising rivers across our region

    Tuesday, April 15 2014 8:08 PM EDT2014-04-16 00:08:37 GMT
    Flood warnings are in effect around our region as heavy rains begin to move through. There is already localized flooding at some of the typical problem spots, like the wrong-way bridge on Route 15 inMore >>
    Parts of our region are already flooding and others are bracing as heavy rains move through. Not only is rain falling fast, but warm temperatures Monday melted snow, adding to high waters.More >>
  • Man rescued from Black River in Springfield

    Man rescued from Black River in Springfield

    Tuesday, April 15 2014 7:06 PM EDT2014-04-15 23:06:00 GMT
    A man had to be pulled from the Black River in Springfield Tuesday morning. The Hartford Fire Department says it's working to pull a man out from the river. They say he got stuck about 75 feet out inMore >>
    Vermont emergency workers have rescued a man stranded in the middle of a treacherous section of river in downtown Springfield.
    More >>
  • NH agrees Vt. man was insane during killing

    NH agrees Vt. man was insane during killing

    Tuesday, April 15 2014 2:49 PM EDT2014-04-15 18:49:26 GMT
    A Vermont man charged with stabbing a stranger to death in the lobby of a New Hampshire hotel last year will plead not guilty by reason of insanity.More >>
    A Vermont man charged with stabbing a stranger to death in the lobby of a New Hampshire hotel last year will plead not guilty by reason of insanity.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.