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The Conference Board LEI for Spain Declined
November 14, 2018 | PRNewswireEstimated reading time: Less than a minute
The Conference Board Leading Economic Index (LEI) for Spain decreased 0.2% in September 2018 to 99.9 (2016=100).
The Conference Board Coincident Economic Index (CEI) for Spain increased 0.1% in September 2018 to 105.0 (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.
About The Conference Board
The Conference Board is a member-focused think tank that provides trusted insights for what's ahead. We are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.
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