-
The Conference Board Leading Economic Index for China increased in November
2014…The Conference Board Leading Economic Index® (LEI) for China increased 0.9 percent in November to 308.0 (2004 = 100), following a 0.8 percent increase in October and a 1.0 percent increase in September. Three of the six components contributed positively to the index in November. “Despite the increase in November, with bank loans as the primary driving force, the six-month growth in the China Leading Economic Index continues to moderate,” said Jing Sima, senior economist at The Conference Board. “Real estate activity continues to deteriorate, and manufacturing and industrial output both showed ... (full story)