Leading Economic Indicators For Spain Are Unchanged

Jan. 13, 2005
Following a substantial 0.7% increase in September, the Conference Board's index of leading economic indicators for Spain was unchanged in October, the latest month for which data are available. The index now stands at 136.6 (1990=100). "The growth rate ...

Following a substantial 0.7% increase in September, the Conference Board's index of leading economic indicators for Spain was unchanged in October, the latest month for which data are available. The index now stands at 136.6 (1990=100). "The growth rate of the leading index has improved slightly in recent months, to about a 0.5% to 1.5% annual rate, but is still below the 5% to 6% growth reached earlier this year," notes the New York-based business research group. "At the same time, real GDP has been increasing at about a 2.4% annual rate so far this year . . . about the same average rate since mid-2002. The recent behavior of the leading index is consistent with the economy growing at or slightly below this rate in the near term.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!