For Release 9:30 AM ET, May 14, 2026
Using the Composite Indexes: The Leading Economic Index (LEI) provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index (CEI) provides an indication of the current state of the economy. Additional details are below.
Next month’s release of the composite economic indexes will incorporate annual benchmark revisions which bring them up to date with revisions in the source data. These revisions do not change the cyclical properties of the indexes. The indexes are updated throughout the year, but only for the previous six months. Data revisions that fall outside of the moving six-month window are not incorporated until the benchmark revision is made and the entire histories of the indexes are recomputed. As a result, the revised indexes, in levels and month-on-month changes, will not be directly comparable to those issued prior to the benchmark revision.
For more information, please visit conference-board.org/topics/business-cycle-indicators/ or contact us at indicators@tcb.org.
The Conference Board Leading Economic Index® (LEI) for Germany declined by 1.1% in March 2026 to 87.0 (2016=100), a noticeable fall after a 0.8% decrease in February. Due to the recent monthly dips, the LEI fell by 0.5% between September 2025 and March 2026, a more substantial rate of decline compared to ? 0.1% over the previous six-month period (March to September 2025).
The Conference Board Coincident Economic Index® (CEI) for Germany decreased by 0.2% in March 2026 to 103.1 (2016=100), following a 0.1% tick-down in February. Over the six-month period between September 2025 and March 2026, the CEI for Germany fell by 0.3%, a continuation of the same rate of decline as over the previous six-month period.
The next release is scheduled for Monday, June 15, 2026, at 9:30 A.M. ET.



About The Conference Board Leading Economic Index® (LEI) and Coincident Economic Index® (CEI) for Germany
The composite economic indexes are key elements in an analytic system designed to signal peaks and troughs in the business cycle. Comprised of multiple independent indicators, the indexes are constructed to summarize and reveal common turning points in the economy in a clearer and more convincing manner than any individual component.
The CEI reflects current economic conditions and is highly correlated with real GDP. The LEI is a predictive tool that anticipates—or “leads”—turning points in the business cycle by around seven months.
The seven components of Leading Economic Index® for Germany are:
The four components of the Coincident Economic Index® for Germany are:
To access data, please visit: https://data-central.conference-board.org
About The Conference Board
The Conference Board is the Member-driven think tank that delivers Trusted Insights for What's Ahead®®. Founded in 1916, we are a non-partisan, not-for-profit organization holding 501 (c) (3) tax-exempt status in the United States. TCB.org l Learn about Membership
PRESS RELEASE
The LEI for the UK fell in March
May 13, 2026
PRESS RELEASE
LEI for Australia Decreased in March
May 12, 2026
PRESS RELEASE
LEI for Japan Pulled Back in March 2026
May 11, 2026
PRESS RELEASE
LEI for Spain Retreated in March
May 08, 2026
PRESS RELEASE
LEI for South Korea Continued to Rise in March
May 07, 2026
PRESS RELEASE
The Global LEI Ticked Up in February but Fell in March (Advance Estimate)
May 04, 2026
All release times displayed are Eastern Time
Business & Economics Portfolio
March 30, 2026 | Database
The Economy Stabilized in August but Outlook Remains Weak
September 27, 2023 | Report
China's Economic Recovery Continues to Stutter (Economy Watch: China View, June 2023)
June 30, 2023 | Report
Leading Economic Indicators and the Oncoming Recession
December 07, 2022 | Article

The Evolving Economic Outlook for Europe
July 10, 2024

Is a Global Recession on the Horizon?
July 13, 2022