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For Release 9:30 AM ET, June 11, 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.
This month’s release of the composite economic indexes incorporates 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 Spain increased by 0.3% in April 2026 to 104.8 (2016=100), after declining by 0.6% in March. Overall, the Spain LEI rose by 0.6% from October 2025 to April 2026, slowing to about half the rate of the 1.1% increase over the previous six-month, between April and October 2025.
The Conference Board Coincident Economic Index® (CEI) for Spain rose by 0.3% in April 2026 to 119.0 (2016=100), following a 0.1% tick-up in March. Over the six-month period between October 2025 and April 2026, the CEI expanded by 0.8%, much less than a 1.5% expansion over the previous six-month period.
The next release is scheduled for Thursday, July 9, 2026, at 9:30 A.M. ET.
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:
The five components of the Coincident Economic Index® for Spain 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 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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