Global Leading Indicators

The Conference Board Leading Economic Index^® (LEI) for Spain declined by 0.2% in September 2026 to 104.8 (2016=100), after ticking down by 0.1% in August. However, overall, the Spain LEI rose by 0.4% between March and September 2026, a slight improvement from the 0.3% growth observed over the previous six-months, between September 2025 and March 2026.

The Conference Board Coincident Economic Index^® (CEI) for Spain rose by 0.2% in September 2026 to 120.1 (2016=100), after being unchanged in August and July. Over the six-month period between March and September 2026, the CEI grew by 1.1%, accelerating from a 0.8% expansion over the previous six-month period.

The next release is scheduled for Monday, December 7, 2026, at 9:30 A.M. ET.

The LEI for Spain declined moderately in September

 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