The Conference Board Leading Economic Index® (LEI) for Germany Increases

BRUSSELS, Jan. 24, 2011 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Germany increased 0.9 percent in November to 106.0 (2004 = 100), following a 0.7 percent increase in October, and a 0.6 percent increase in September.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Germany, a measure of current economic activity, decreased 0.1 percent in November to 104.4 (2004 = 100), following a 0.3 percent increase in October, and a 0.2 percent decline in September.

The Conference Board LEI for Germany has been on a rising trend for more than one and a half years now, amid widespread strength among its components. Its six-month growth rate has moderated from the middle of last year, but it has stabilized lately. Meanwhile, The Conference Board CEI for Germany has risen slightly since May 2010, after increasing strongly in the first half of last year. Taken together, the recent behavior of the composite indexes suggests that the moderate expansion in economic activity, although volatile, should continue, and could even pickup somewhat in the near term.

About The Conference Board Leading Economic Index® (LEI) for Germany

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 global, 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.

For more information including full press release and technical notes: http://www.conference-board.org/data/bcicountry.cfm?cid=4

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

SOURCE The Conference Board

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