
By PR Newswire | Article Rating: |
|
December 13, 2012 08:01 PM EST | Reads: |
540 |

NEW YORK, Dec. 13, 2012 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Korea increased 0.8 percent in October to 120.9 (2004 = 100), following a 1.1 percent increase in September, and a 0.6 percent decline in August.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Korea, a measure of current economic activity, decreased 0.3 percent in October to 117.7 (2004 = 100), following a 0.4 percent increase in September, and a 0.3 percent decrease in August.
The LEI for Korea has increased in the last two months, after declining for five consecutive months, but its six-month change remains in negative territory. Meanwhile, The CEI for Korea declined in October, and its six-month growth rate has slowed compared to earlier this year. Taken together, the composite indexes and their components continue to suggest that the rate of economic growth is likely to remain slow in the near term.
About The Conference Board Leading Economic Index® (LEI) for Korea
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 seven components of The Conference Board Leading Economic Index® for Korea include:
Stock Prices
Value of Machinery Orders
Letter of Credit Arrivals
Index of Shipments to Inventories
Export FOB
Yield of Government Public Bonds
Private Construction Orders
For more information including full press release and technical notes:
http://www.conference-board.org/data/bcicountry.cfm?cid=6
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.
Summary Table of Composite Economic Indexes
| |||||||||||||
2012 |
6-month | ||||||||||||
Aug |
Sep |
Oct |
Apr to Oct | ||||||||||
Leading Economic index (LEI) |
118.6 |
119.9 |
r |
120.9 |
|||||||||
Percent Change |
-0.6 |
1.1 |
r |
0.8 |
-0.8 |
||||||||
Diffusion |
57.1 |
64.3 |
r |
35.7 |
42.9 |
||||||||
Coincident Economic Index (CEI) |
117.5 |
p |
118.0 |
p |
117.7 |
p |
|||||||
Percent Change |
-0.3 |
p |
0.4 |
p |
-0.3 |
p |
0.4 |
p | |||||
Diffusion |
50.0 |
100.0 |
50.0 |
75.0 |
|||||||||
n.a. Not available p Preliminary r Revised |
|||||||||||||
Indexes equal 100 in 2004 |
|||||||||||||
Source: The Conference Board All Rights Reserved |
|||||||||||||
Follow The Conference Board
Twitter | Facebook | LinkedIn
SOURCE The Conference Board
Published December 13, 2012 Reads 540
Copyright © 2012 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
![]() Apr. 22, 2018 10:00 PM EDT Reads: 22,566 |
By Liz McMillan ![]() Apr. 22, 2018 09:30 PM EDT Reads: 3,791 |
By Elizabeth White ![]() Apr. 22, 2018 08:30 PM EDT Reads: 9,121 |
By Yeshim Deniz Apr. 22, 2018 08:00 PM EDT Reads: 2,667 |
By Liz McMillan ![]() Apr. 22, 2018 07:45 PM EDT Reads: 13,614 |
By Elizabeth White ![]() Apr. 22, 2018 07:30 PM EDT Reads: 5,289 |
By Pat Romanski ![]() Apr. 22, 2018 07:00 PM EDT Reads: 3,408 |
By Elizabeth White ![]() Apr. 22, 2018 07:00 PM EDT Reads: 4,646 |
By Liz McMillan ![]() Apr. 22, 2018 07:00 PM EDT Reads: 5,044 |
By Elizabeth White ![]() Apr. 22, 2018 06:45 PM EDT Reads: 5,169 |
By Liz McMillan ![]() Apr. 22, 2018 06:30 PM EDT Reads: 13,191 |
By Elizabeth White ![]() Apr. 22, 2018 05:15 PM EDT Reads: 5,338 |
By Elizabeth White Apr. 22, 2018 04:45 PM EDT Reads: 1,706 |
By Liz McMillan Apr. 22, 2018 04:15 PM EDT Reads: 1,554 |
By Pat Romanski ![]() Apr. 22, 2018 04:00 PM EDT Reads: 6,931 |