The Conference Board Leading Economic Index for Australia decreased 0.3 percent in December 2017 to 104.6 (2016=100). The Conference Board Coincident Economic Index for Australia increased 0.3 percent in December 2017 to 102.7 (2016=100). 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 ... (full story)