Source | |
Measures | Change in the level of a composite index based on 7 economic indicators; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 50 days after the month ends; |
Next Release | |
FF Notes | This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously; |
Derived Via | Combined reading of 7 economic indicators related to money supply, building approvals, profits, exports, inventories, and interest rate spreads; |
Also Called | Leading Indicators; |
Acro Expand | The Conference Board (CB); |