The leading index for each state predicts the six-month growth rate of the states coincident
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Components of the coincident
composite index in October (m-o-m) retail sales (0.
The leading and coincident
economic indexes are composite averages of several individual leading or coincident
Based on the Northwest Indiana Coincident
Index, the economy in Northwest Indiana grew 1.
BEIRUT: Figures released by the Central Bank of Lebanon show that the coincident
indicator -- a composite monitor of economic activity developed to observe Lebanon's macroeconomic performance -- reached an average of 259.
Video technology company Coincident
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The index of coincident
indicators came in better than an average market forecast of a 0.
indicators peak and bottom with cyclical turning points in the economy.
What must be fully appreciated, however, is that by November 2006, the Coincident
Indicator had recovered much of its value and stood at 180.
Among the four coincident
indicators-where The Conference Board tracks important consumer related developments-both the final household consumption index and the retail sales index increased.
To round out the picture, the Federal Reserve Bank of Philadelphia regularly Calculates and publishes coincident
economic indexes for each state, incorporating data from several sources (nonfarm employment, the unemployment rate, average hours worked in manufacturing, and wages and salaries).
A reading of the coincident
index below 50% is considered a sign of economic contraction while a figure above that is viewed as a sign of expansion.
index, designed to measure the current state of the economy, stood at 12.
Two sister indexes, the coincident
and lagging indexes, were mixed.