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LEI for Spain Ticked Down in July

10 September 2026 | Press Release

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True

For Release 9:30 AM ET, September 10, 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.


The Conference Board Leading Economic Index® (LEI) for Spain ticked down by 0.1% in July 2026 to 105.1 (2016=100), after increasing by 0.3% in June. Overall, the Spain LEI rose by 0.3% from January to July 2026, less than half the rate of the 0.8% increase observed over the previous six-months, between July 2025 and January 2026.

 

The Conference Board Coincident Economic Index® (CEI) for Spain ticked up by 0.1% in July 2026 to 119.9 (2016=100), after increasing by 0.3% in June. Over the six-month period between January and July 2026, the CEI grew by 1.2%, more than the 0.9% expansion over the previous six-month period.

 

The next release is scheduled for Friday, October 9, 2026, at 9:30 A.M. ET.

 

The LEI for Spain ticked down in July

 

Job placements, bond yields, and capital equipment component of industrial production contributed negatively to the LEI in July

 

The Spain LEI has continued to be positive on an annual basis, indicating continuation of the economic expansion in the near term

 

 About The Conference Board Leading Economic Index® (LEI) and Coincident Economic Index® (CEI) for Spain

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 three months.

The six components of Leading Economic Index® for Spain are:

  • Capital Equipment Component of Industrial Production
  • Spanish Contribution to Euro M2
  • Spanish Equity Price Index
  • Long Term Government Bond Yield (inverted)
  • Order Books Survey
  • Job Placement

The five components of the Coincident Economic Index® for Spain are:

  • Final Consumption Expenditure
  • Industrial Production (2010=100)
  • Real Imports (3 month moving average)
  • Retail Sales Survey
  • Employment

To access data, please visit: https://www.conference-board.org/data 

 

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 nonpartisan, not-for-profit organization holding 501 (c) (3) tax-exempt status in the United States. TCB.org  l  Learn about Membership

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