The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
Global Business Cycle Indicators

EuroArea

Press Releases

Archive

Data

Purchase Historical Data

Press Release Archive

Released: Thursday, June 26, 2014

The Conference Board Leading Economic Index® (LEI) for the Euro Area increased 0.3 percent in May 2014 to 111.7 (2004=100), following a 0.2 percent decrease in April and 0.2 increase in March.

“May’s moderate increase in the Leading Economic Index — alongside a slowdown in its six-month growth rate — suggest that the Euro Area will continue on the path of a very modest economic recovery,” said Bert Colijn, Senior Economist at The Conference Board. “Service sector expectations and confidence only grew modestly in May, while the manufacturing PMI contributed negatively to the index.”

The Conference Board Coincident Economic Index® (CEI) for the Euro Area, which measures current economic activity, was unchanged in May, according to preliminary estimates. The index now stands at 101.5* (2004 = 100). The CEI increased 0.1 percent in April and was unchanged in March.

About The Conference Board Leading Economic Index® (LEI) for the Euro Area

The Conference Board Leading Economic Index® for the Euro Area was launched in January 2009. Plotted back to 1987, this index has successfully signaled turning points in the business cycle of the bloc of countries that now constitute the Euro Area, defined by the common currency zone.

The Conference Board currently produces leading economic indexes for twelve other individual countries, including Australia, Brazil, China, France, Germany, India, Japan, Korea, Mexico, Spain, the U.K. and the U.S.

The seven components of The Conference Board Leading Economic Index® for the Euro Area include:

Economic Sentiment Index (source: European Commission DG-ECFIN)
Index of Residential Building Permits Granted (source: Eurostat)
EURO STOXX® Index (source: STOXX Limited)
Money Supply (M2) (source: European Central Bank)
Interest Rate Spread (source: European Central Bank)
Eurozone Manufacturing Purchasing Managers’ Index (source: Markit Economics)
Eurozone Service Sector Future Business Activity Expectations Index (source: Markit Economics)

To view The Conference Board calendar for 2014 indicator releases:
www.conference-board.org/data/

* Series in The Conference Board LEI for the Euro Area that are based on The Conference Board estimates are real money supply and residential building permits. All series in The Conference Board CEI for the Euro Area are based on The Conference Board estimates (employment, industrial production, retail trade, and manufacturing turnover).

About The Conference Board

The Conference Board is a global, 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.

THESE DATA ARE FOR ANALYSIS PURPOSES ONLY. NOT FOR REDISTRIBUTION, PUBLISHING, DATABASING, OR PUBLIC POSTING WITHOUT EXPRESS WRITTEN PERMISSION.

Straight Talk February 2020

Global Economic Outlook 2016

The Conference Board Economic Forecast for the U.S. Economy

The US economy entered 2020 on sure footing, but shift from consumption to investment is key to sustain growth

Read the article
Archives