• The Conference Board Leading Economic Index +0.2% for May (the latest reading)

  • Coincident Economic Index increased 0.3% in May

Leading index (LEI)

  • Increased in May after a slight decline in April
  • Between November 2014 and May 2015, the leading economic index increased 1.8 percent (about a 3.7 percent annual rate), a reversal from its contraction of 0.5 percent (about a −1.0 percent annual rate) over the previous six months
  • The strengths among the leading indicators have remained more widespread than the weaknesses in recent months
  • Five of the seven components that make up The Conference Board LEI for Australia increased in May
  • The positive contributors to the index-in order from the largest positive contributor to the smallest-were the sales to inventories ratio*, rural goods exports, the yield spread, building approvals, and gross operating surplus*. Money supply* and share prices declined in May

Coincident index:

  • +1.3 percent (about a 2.6 percent annual rate) in the six-month period ending May 2015, up slightly from 1.2 percent (about a 2.5 percent annual rate) over the previous six months.

Meanwhile .... its zzzzzzzzz city for the AUD. But ... Chinese stockmarkets open soon ... that should fire things up a bit: