NEW YORK, Oct. 9, 2019 /PRNewswire/ -- The Conference
Board Leading Economic Index® (LEI) for Japan declined 0.5 percent in August 2019 to 92.5 (2016=100).
The Conference Board Coincident Economic
Index® (CEI) for Japan increased 0.1 percent in August 2019 to 102.7 (2016=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 2019 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
the member-driven think tank that delivers trusted insights for
what's ahead. Founded in 1916, we are a non-partisan,
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