Growing Global

The Euro Area Leading Economic Index, published for the first time by the Conference Board this week, has fallen by more than 14.0% since its decline began in June 2008 and the rate of decline has accelerated in recent months. The Leading Index for Australia dropped 1% in November with three of the seven leading indicators falling, while the Coincident Index rose 0.1%. The oil dependent Mexican economy took the biggest hit in November with the Coincident Economic Index down 0.6% and the Leading Economic Index dropping 4.5%. Of all the indicators in both indexes only one – stock prices – improved.

Euro Zone Economic Indicators At a Glance

• Leading Index: Down 0.9%
• Improved Leading Indicators: 5
• Worsened Leading Indicators: 3
• Unchanged Leading Indicators: 0

Australian Economic Indicators At a Glance

• Leading Index: Down 1%
• Coincident Index: Up 0.1%
• Improved Leading Indicators: 3
• Worsened Leading Indicators: 4
• Unchanged Leading Indicators: 0
• Improved Coincident Indicators: 3
• Worsened Coincident Indicators: 1

Mexican Economic Indicators At a Glance

• Leading Index: Down 4.5%
• Coincident: Down 0.6%
• Improved Leading Indicators: 1
• Worsened Leading Indicators: 4
• Unchanged Leading Indicators: 1
• Improved Coincident Indicators: 0
• Worsened Coincident Indicators: 3

Technorati Tags: euro zone economy, European economic indicators, euro, Leading Index, Australia, Australian Economy, Mexico

The Conference Board Leading Economic Index for the Euro Area Shows Continuing Contraction
Jan. 28, 2009

The Conference Board Leading Economic Index (LEI) for Australia Declined 1.0 Percent
Jan. 29, 2009

The Conference Board Leading Economic Index (LEI) for Mexico Declined 4.5 Percent.
Jan. 29, 2009