CB Leading Index

CB Leading Index
An index that is a composite average of ten leading indicators in the US. It one of the key elements in the Conference Board's analytic system, which is designed to signal peaks and troughs in the business cycle. Since it is an average, the leading index smooths out some of the volatility of individual components, thereby revealing turning points in the economic data more convincingly than any individual component. Generally known as the leading economic index (LEI).

Components of the CB leading index include average weekly manufacturing hours, average weekly initial claims for unemployment insurance, manufacturers' new orders for consumer goods and non-defense capital goods, building permits and stock prices. Other components are indexes of supplier deliveries and consumer expectations, M2 money supply and the interest rate spread between 10-year Treasury bonds and federal funds.


Investment dictionary. . 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Index of Leading Environmental Indicators — is a report published yearly since 1996 by the Pacific Research Institute. External links * [http://environment.pacificresearch.org/index of leading environmental indicators Index of Leading Environmental Indicators] , Pacific Research Institute …   Wikipedia

  • index of leading economic indicators — UK US noun [C] (also composite index of leading economic indicators) ► ECONOMICS in the US, a combined set of measurements that are used to judge the probable future state of the economy. Data from ten different areas of the economy is examined:… …   Financial and business terms

  • index of leading indicators — ➔ index …   Financial and business terms

  • Leading Economic Index — – Индекс опережающих индикаторов Словарь терминов и сокращений рынка forex, Forex EuroClub …   Финансовый словарь

  • leading — I (guiding) adjective controlling, directing, implicational, implicative, implicatory, inferential, insinuating, insinuative, instructional, instructive, referential, regulating, steering, suggestive, supervising, supervisory associated concepts …   Law dictionary

  • Index — In dex, n.; pl. E. {Indexes}, L. {Indices}(?). [L.: cf. F. index. See {Indicate}, {Diction}.] [1913 Webster] 1. That which points out; that which shows, indicates, manifests, or discloses; as, the increasing unemployment rate is an index of how… …   The Collaborative International Dictionary of English

  • Index error — Index In dex, n.; pl. E. {Indexes}, L. {Indices}(?). [L.: cf. F. index. See {Indicate}, {Diction}.] [1913 Webster] 1. That which points out; that which shows, indicates, manifests, or discloses; as, the increasing unemployment rate is an index of …   The Collaborative International Dictionary of English

  • Index expurgatorius — Index In dex, n.; pl. E. {Indexes}, L. {Indices}(?). [L.: cf. F. index. See {Indicate}, {Diction}.] [1913 Webster] 1. That which points out; that which shows, indicates, manifests, or discloses; as, the increasing unemployment rate is an index of …   The Collaborative International Dictionary of English

  • Index finger — Index In dex, n.; pl. E. {Indexes}, L. {Indices}(?). [L.: cf. F. index. See {Indicate}, {Diction}.] [1913 Webster] 1. That which points out; that which shows, indicates, manifests, or discloses; as, the increasing unemployment rate is an index of …   The Collaborative International Dictionary of English

  • index finger — Index In dex, n.; pl. E. {Indexes}, L. {Indices}(?). [L.: cf. F. index. See {Indicate}, {Diction}.] [1913 Webster] 1. That which points out; that which shows, indicates, manifests, or discloses; as, the increasing unemployment rate is an index of …   The Collaborative International Dictionary of English

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”