Last updated on April 18, 2014 at 21:21 EDT

The Conference Board Leading Economic Index® (LEI) for Mexico Increases

February 25, 2013

NEW YORK, Feb. 25, 2013 /PRNewswire/ — The Conference Board Leading Economic Index® (LEI) for Mexico increased 0.7 percent in December to 123.9 (2004 = 100), following a 0.2 percent decline in November, and a 0.2 percent decline in October.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Mexico, a measure of current economic activity, decreased 0.2 percent in December to 122.6 (2004 = 100), following a 0.2 percent increase in November, and no change in October.

The LEI for Mexico rose in December and its six-month growth rate has picked up some momentum compared to the first half of 2012. The CEI for Mexico declined slightly this month, and its growth has moderated in the second half of 2012. Despite the improvement in the LEI, the recent trend in the composite indexes and their components suggests that the economy is likely to continue expanding, but the pace of its expansion is unlikely to pick up in the near term.

About The Conference Board Leading Economic Index(® )(LEI) for Mexico

The composite economic indexes are the key elements in an analytic system designed to signal peaks and troughs in the business cycle. The leading and coincident economic indexes are essentially composite averages of several individual leading or coincident indicators. They are constructed to summarize and reveal common turning point patterns in economic data in a clearer and more convincing manner than any individual component – primarily because they smooth out some of the volatility of individual components.

The six components of The Conference Board Leading Economic Index(®) for Mexico include:

Industrial Production, Construction Component

Stock Prices

U.S. Refiners’ Acquisition Cost of Domestic and Imported Crude Oil

Net Insufficient Inventories

Federal Funds Rate

Real Exchange Rate

For more information including full press release and technical notes:


For more information about The Conference Board global business cycle indicators:


About The Conference Board

The Conference Board is an 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. www.conference-board.org.

                                              Summary Table of Composite Indexes
                                                  2012        6-month
                                           Oct                  Nov              Dec        Jun to Dec
    Leading index                                123.3               123.0r          123.9p
         Change                                   -0.2                -0.2r            0.7p           1.6p
        Diffusion                                 41.7                 41.7            75.0           58.3
     Index                        122.6r                122.9r                        122.6
         Change                                   0.0r                  0.2            -0.2
        Diffusion                                 50.0                 83.3            33.3           33.3

    n.a. Not available p Preliminary r Revised
    Indexes equal 100 in 2004
    Source: The Conference Board    All Rights Reserved

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Source: PR Newswire