The Conference Board Leading Economic Index® (LEI) for Mexico Increased in June

NEW YORK, Aug. 25, 2011 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Mexico increased 0.1 percent in June, to 120.7 (2004 = 100), following a 0.4 percent decline in May, and a 0.7 percent increase in April.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Mexico, a measure of current economic activity, increased 0.3 percent in June to 115.4 (2004 = 100), following a 0.3 percent increase in May, and no change in April.

The Conference Board LEI for Mexico increased in June, but its six-month growth rate continued to slow through June compared to the second half of last year. Meanwhile, The Conference Board CEI for Mexico continued its general upward trend that started in mid-2009, and its growth has picked up somewhat in the last six months. Taken together, the behavior of the composite indexes suggests that economic activity will continue to expand, albeit at a moderate pace in the near term.

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

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 six components of The Conference Board Leading Economic Index^® for Mexico include:

For more information including full press release and technical notes:
http://www.conference-board.org/data/bcicountry.cfm?cid=8

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.

SOURCE The Conference Board

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