Wednesday, April 16 2014 10:54 PM EDT2014-04-17 02:54:16 GMT
LOUISVILLE, Ky. (WDRB) --The Rangers are the Army's most elite soldiers who are put into some of the most dangerous situations in Afghanistan. In a story you'll only see on WDRB we got a rare look atMore >>
The Army Rangers choose Fort Knox as the location to prepare for the 3rd Battalion's 20th deployment to Afghanistan.More >>
Follow the WDRB Newsroom, Reporters and Anchors.More >>
Tweets from the WDRB Newsroom, Reporters and Anchors.More >>
Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE The Conference Board
NEW YORK, March 20, 2014 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Australia increased 0.2 percent in January to 128.3 (2004 = 100), following a 0.9 percent increase in December, and a 0.3 percent increase in November.
At the same time, The Conference Board Coincident Economic Index® (CEI) for Australia, a measure of current economic activity, increased 0.2 percent in January to 123.7 (2004 = 100), following a 0.1 percent increase in December, and a 0.2 percent increase in November.
The Conference Board LEI for Australia has been on an upward trend since mid-2013, and as a result its six-month growth rate has improved considerably compared to the first half of last year. At the same time, The Conference Board CEI for Australia, a measure of current economic activity, has also been improving over the same time span. Taken together, the current behavior of the composite indexes suggests that economic expansion will continue in the near term.
About The Conference Board Leading Economic Index® (LEI) for Australia 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 seven components of The Conference Board Leading Economic Index® for Australia include:
Yield Spread, 10 year minus Policy Rate Share Prices, All Ordinaries Money Supply, M3 Rural Goods Exports Sales to Inventory Ratio Gross Operating Surplus, Private Non-Financial Corporations Building Approvals
About The Conference Board The Conference Board is an independent business membershipand research association working in the public interest. Our mission is unique: To provide the world's leading organizationswith 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.