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Business Climate

Business climates of the major markets


USA 

 

(Source: The Conference Board)

 

The Conference Board Leading Economic Index® (LEI) for the U.S. edged up 0.1 percent in February to 112.1 (2016 = 100), following a 0.7 percent increase in January, and a 0.3 percent decline in December.

The U.S. LEI rose slightly in February, but it doesn’t reflect the impact of the COVID-19 pandemic which began to hit the U.S. economy in full by early March. The slight gain in February came only from half of the LEI components. In particular, the recovery in manufacturing, which looked promising until February, will now be short-lived because of the disruption in global supply chains and falling demand,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. “Declines in stock prices, consumers’ outlook on economic conditions, manufacturing new orders, average workweek in manufacturing, and rising unemployment claims will begin to negatively impact the economy. As a result, the economy may already be entering into a period of contraction.”
 

India

 

 

 (Source: The Conference Board)

 

The Conference Board Leading Economic Index® (LEI) for India increased 0.8 percent in February 2020 to 120.7 (2016=100).

 

EuroArea

 

 

(Source: The Conference Board)

 

The Conference Board Leading Economic Index® (LEI) for the Euro Area decreased 0.3 percent in February 2020 to 110.6 (2016=100).

China

 

 

(Source: The Conference Board)

 

The Conference Board Leading Economic Index® (LEI) for China decreased 1.0 percent in February 2020 to 154.5 (2016=100).

 

 

 

Brazil

 

 

(Source: The Conference Board)

 

The Conference Board Leading Economic Index® (LEI) for Brazil, together with Fundação Getulio Vargas (TCB/FGV Brazil LEI), decreased 0.8 percent in February 2020 to 119.2 (2016=100).

 

 

 

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