The Conference Board Leading Economic Index® (LEI) for France Increased

Jul 16, 2015, 09:30 ET from The Conference Board

NEW YORK, July 16, 2015 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for France increased 0.2 percent in May to 112.1 (2010 = 100), following an increase of 0.2 percent in April, and an increase of 0.4 percent in March.

At the same time, The Conference Board Coincident Economic Index® (CEI) for France, a measure of current economic activity, was unchanged in May at 100.7 (2010 = 100), following a 0.1 percent increase in April, and no change in March.

The LEI has been trending slightly upward since last fall, and as a result its six-month growth rate moderately improved from six months ago. Meanwhile, the CEI has also been growing very modestly over the same period. Taken together, the behavior of the composite indexes suggests that the current expansion in the economy should continue in the near-term.

About The Conference Board Leading Economic Index® (LEI) for France
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 seven components of The Conference Board Leading Economic Index® for France include:

Yield Spread, 10 year minus Day-Day Loan
Stock Price SBF 250 Index
Building Permits, residential
New Unemployment Claims
Industrial New Orders
Production Expectations
Ratio Deflator of Manufacturing Value Added to Unit Labor Cost

For more information including full press release and technical notes:
http://www.conference-board.org/data/bcicountry.cfm?cid=3

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




2015




6-month


Mar


Apr


May


Nov to May










Leading Economic Index (LEI)

111.7

p

111.9

p

112.1

p



  Percent Change

0.4

p

0.2

p

0.2

p

1.5

p

  Diffusion

71.4


71.4


71.4


71.4











Coincident Economic Index (CEI)

100.6

p

100.7

p

100.7

p



  Percent Change

0.0

p

0.1

p

0.0

p

0.7

p

  Diffusion

50.0


62.5


87.5


87.5











n.a.  Not available     p  Preliminary     r  Revised







Indexes equal 100 in 2010









Source:  The Conference Board               All Rights Reserved

 

SOURCE The Conference Board



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