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Macroeconomic climate index 2008-2009

Date Monitoring signals Coincident index
 1996=100
Leading index
 1996=100
Lagging index
 1996=100
2008        
September 102.0 100.8 98.8 99.7
October 89.3 99.1 97.5 98.6
November 78.7 97.6 97.4 97.2
December 78.7 95.5 98.0 95.6
         
2009        
January 74.7 94.5 98.6 93.9
February 73.3 94.0 99.1 92.7
March 82.0 94.5 100.0 91.2
April 78.0 95.0 101.1 90.7
May 84.0 95.5 102.1 90.0
June 90.7 96.1 102.7 89.5
July 94.0 96.7 103.6 89.6
August 96.7 97.3 104.3 90.1
September 99.3 97.9 104.9 91.0
October        
November        
December        

Macro-economic Climate Indices: The coincident index is the index reflecting the current basic trend of the economy, and it is calculated with the following data: (1) industrial production, (2) employment, (3) social demands (including investment, consumption and foreign trade), and (4) social incomes (including the government taxes, profits of enterprises and income of residents). The leading index is calculated with a group of leading indicators, which take a lead before the coincident index, and is used for forecasting the future economic trend. The lagging index is calculated with the lagging indicators, which lag behind the coincident index, and is mainly used for confirming the peak and valley of the economic cycle. The business cycle signal divided the economic operation into 5 levels, which are: “Red Light” means overheating, “Yellow Light” means Increasing, “Green Light” means stable, “Light Blue Light” means decreasing, “Dark Blue Light” means overcooling.

Source: National Bureau of Statistics, Economic Monitoring and Analysis Center.