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

The Conference Board Leading Economic Index® (LEI) for Japan 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, May 7, 2014 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Japan declined 0.3 percent in March to 100.3 (2004 = 100), following a 0.2 percent decline in February, and a 0.3 percent decline in January.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Japan, a measure of current economic activity, increased 0.5 percent in March to 97.3 (2004 = 100), following a 0.2 percent decline in February, and a 0.3 percent increase in January.

The Conference Board LEI for Japan continues to decline, and as a result has not grown over the past six months. Meanwhile, The Conference Board CEI has increased over the same time period and its six-month growth rate has moderately improved. Despite the recent improvements in the CEI, the deterioration in the LEI since December 2013 suggests that the risk of a contraction in the coming months is increasing.

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

Operating Profits 
Dwelling Units Started
Business Failures
Index of Overtime Worked
Stock Prices (TOPIX)
Six-Month Growth Rate of Labor Productivity
Tankan Business Conditions Survey
Money Supply
Yield Spread
New Orders for Machinery and Construction

For more information including full press release and technical notes: 
http://www.conference-board.org/data/bcicountry.cfm?cid=5

For more information about The Conference Board global business cycle indicators:
http://www.conference-board.org/data/bci.cfm

 

Summary Table of Composite Economic Indexes


2014

6-month


Jan

Feb

Mar

Sep to Mar










Leading Economic Index (LEI)

100.8

p

100.6

p

100.3

p



   Percent Change

-0.3

p

-0.2

p

-0.3

p

0.0

p

   Diffusion

60.0


55.0


40.0


80.0











Coincident Economic Index (CEI)

97.0

p

96.8

p

97.3

p



   Percent Change

0.3

p

-0.2

p

0.5

p

1.0

p

   Diffusion

75.0


25.0


87.5


75.0











n.a. Not available    p Preliminary    r Revised

Indexes equal 100 in 2004

Source: The Conference Board      All Rights Reserved

 

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.

Follow The Conference Board
Twitter | Facebook | LinkedIn

 

©2012 PR Newswire. All Rights Reserved.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Father beats accused child abuser, Daytona police say

    Father beats accused child abuser, Daytona police say

    Police say a Daytona Beach father beat an 18-year-old man unconscious after finding him sexually abusing his son. Authorities say the father called 911 early Friday after he walked in on the alleged abuse.Frolander motionless on the living room floor. He had several knots on his face and was bleeding from the mouth. Police said the father -- who was not identified -- told investigators he walked in as Frolander was abusing the boy. Police did not release the boy's age, but Frolander is charge...More >>
    Police say a Daytona Beach father beat an 18-year-old man unconscious after finding him sexually abusing his son. Authorities say the father called 911 early Friday after he walked in on the alleged abuse.Frolander motionless on the living room floor. He had several knots on his face and was bleeding from the mouth. Police said the father -- who was not identified -- told investigators he walked in as Frolander was abusing the boy. Police did not release the boy's age, but Frolander is charge...More >>
  • Yuma Shooting Victim Identified; Vigil Held

    Yuma Shooting Victim Identified; Vigil Held

    YUMA - Friends and family gathered outside Jimmie Dee's bar Sunday night to say goodbye to Frank Salazar, Jr. Yuma police are confirming the identification of the 28-year-old shooting victim, who diedMore >>
    YUMA - Friends and family gathered outside Jimmie Dee's bar Sunday night to say goodbye to Frank Salazar, Jr. Yuma police are confirming the identification of the 28-year-old shooting victim, who died outside the local bar early Friday morning.More >>
  • Reviews42 Raises Second Round of Funding; Rebrands itself to Zopper

    Reviews42 Raises Second Round of Funding; Rebrands itself to Zopper

    • Receives second round of funding worth 5 million from Tiger Global Management LLC and Nirvana Venture Advisors • Funds to be utilized in building product, team and infrastructure • The new name...More >>
    • Receives second round of funding worth 5 million from Tiger Global Management LLC and Nirvana Venture Advisors • Funds to be utilized in building product, team and infrastructure • The new name Zopper...More >>
  • National

    Obama warns of delay in social sec. checks and veteran's benefits

    Obama warns of delay in social sec. checks and veteran's benefits

    Web Producer: Lucy Valencia, Assignment Desk Editor WASHINGTON (AP) -- Declaring "we are not a deadbeat nation," President Obama warned on Monday that Social Security checks and veterans' benefits willMore >>
    Declaring "we are not a deadbeat nation," President Obama warned on Monday that Social Security checks and veterans' benefits will be delayed if congressional Republicans fail to increase the government's borrowing authority in a looming showdown over the nation's debt and spending.More >>
  • ARRIS Unveils New Additions to its European Cable CPE Portfolio

    ARRIS Unveils New Additions to its European Cable CPE Portfolio

    ANGA COM 2014 -- ARRIS Group, Inc. (Nasdaq: ARRS) today is unveiling five new CPE solutions for European cable operators to transform broadband and video delivery in the home. These solutions address consumer demand for...More >>
    ANGA COM 2014 -- ARRIS Group, Inc. (Nasdaq: ARRS) today is unveiling five new CPE solutions for European cable operators to transform broadband and video delivery in the home. These solutions address consumer demand for...More >>
  • Coming soon...Wal-Mart

    Coming soon...Wal-Mart

    On Wednesday the Yuma City Council voted to change the zoning designation on the proposed land acquired by Wal-Mart. The property located near the intersection of Avenue B and 8th Street was the home of a mobile home park as zones for residential use; the new designation changes that to mixed which will allow the new store to move in to the property. The new store will be the fifth Wal-Mart for Yuma County.More >>
    On Wednesday the Yuma City Council voted to change the zoning designation on the proposed land acquired by Wal-Mart. The property located near the intersection of Avenue B and 8th Street was the home of a mobile home park as zones for residential use; the new designation changes that to mixed which will allow the new store to move in to the property. The new store will be the fifth Wal-Mart for Yuma County.More >>
  • Shooting of San Luis Rio Colorado's police chief caught on tape.

    Shooting of San Luis Rio Colorado's police chief caught on tape.

    San Luis Rio Colorado--The murder of the public safety director in San Luis Rio Colorado is caught on tape. Mexican municipal police tells News 13 they do have surveillance video of the attack againstMore >>
    The murder of the public safety director in San Luis Rio Colorado is caught on tape.More >>
  • Supreme Court to Decide Legality of Drug-Sniffing Dogs

    Supreme Court to Decide Legality of Drug-Sniffing Dogs

    Two dogs, a chocolate Labrador retriever named Franky and a German shepherd named Aldo, should have their day at the U.S. Supreme Court. The court is scheduled on Wednesday to hear Florida's appeal ofMore >>
    The court is scheduled on Wednesday to hear Florida's appeal of two decisions by that state's highest court that found the detection of drugs by trained police dogs had violated the constitutional ban on unreasonable searches and seizures under the Fourth Amendment of the U.S. Constitution.More >>