Growing Global

Spain’s economy dropped hard in October after holding on admirably in August and September. The Leading Index, which had risen 0.4% combined in the previous two months, fell 1.2% in October and the Coincident Index fell 0.3%. The drop was broadly based with only 1 leading indicator and 1 coincident indicator improving.

Spanish Economic Indicators At a Glance

• Leading Index: Down 1.2%
• Coincident Index: Down 0.3%
• Improved Leading Indicators: 1
• Worsened Leading Indicators: 5
• Improved Coincident Indicators: 1
• Worsened Coincident Indicators: 4

Technorati Tags: Spain, Spanish, Spanish economy, Spanish economic indicators, leading index