Press Release: The Conference Board Leading Economic Index(R) for Brazil, Together with Fundação Getulio Vargas (TCB/FGV Br...
18 January 2017 - 3:30PM
Dow Jones News
The Conference Board Leading Economic Index(R) for Brazil,
Together with Fundação Getulio Vargas (TCB/FGV Brazil LEI),
Declined
PR Newswire
NEW YORK, Jan. 18, 2017
NEW YORK, Jan. 18, 2017 /PRNewswire/ -- The Conference Board
Leading Economic Index(R) for Brazil, together with Fundação
Getulio Vargas (TCB/FGV Brazil LEI), declined 1.7 percent in
December 2016 to 101.2 (2010=100).
The Conference Board Coincident Economic Index(R) for Brazil,
together with Fundação Getulio Vargas (TCB/FGV Brazil CEI),
increased 0.3 percent in December 2016 to 97.8 (2010=100).
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 updated data tables can be found here.
The 2017 data release schedule is available here.
For more information about The Conference Board global business
cycle indicators, click here.
NOTE: This month's data release incorporates annual benchmark
revisions to the composite economic indexes, 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 our website at
http://www.conference-board.org/data/bci.cfm or contact us at
indicators@conference-board.org.
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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/the-conference-board-leading-economic-index-for-brazil-together-with-fundacao-getulio-vargas-tcbfgv-brazil-lei-declined-300392714.html
SOURCE The Conference Board
/CONTACT: Carol Courter (212) 339-0232 /
courter@conference-board.org; Jonathan Liu (212) 339-0257 /
jonathan.liu@conference-board.org
/Web site: http://www.conference-board.org
(END) Dow Jones Newswires
January 18, 2017 10:15 ET (15:15 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.