FOR IMMEDIATE RELEASE
Maria E. Simos
65 Newmarket Road
Durham, NH 03824
e-forecasting.com RELEASES GLOBAL ACTIVITY INDEX
GLOBAL SEMICONDUCTOR INDUSTRY LEADING INDICATOR FELL IN AUGUST
Durham, NH – October 2nd 2008
– Economic research firm e-forecasting.com this morning announced the August release of its Global Semiconductor industry leading indicator, World-SLI.
The new indicator, comparable to the company’s global regional semiconductor industry indicators for Europe, Asia Pacific, North America and Japan, is a forward-looking composite index that forecasts six months ahead, on average, business activity for the global market for semiconductors. All indicators, including the World-SLI is released on a monthly basis. Following a decline of 0.9 percent in July, the Global semiconductor leading indicator fell by 0.1 percent in August to a reading of 197.7. The index was set to average 100 in 2000.
“Sales at constant prices in July – a real-time gauge of the industry – increased 1.2 percent to $30.9 billion, seasonally adjusted and at 2000 prices, after growing 5.8 percent in June,” CEO Maria Simos noted. “Looking forward, the two regions that had a positive impact on the leading indicator were the Americas and Europe.”
e-forecasting.com, an international economic research and consulting firm, offers forecasts of the economic environment using proprietary real-time economic indicators and produces company and industry-specific leading indicators for its clients. In cooperation with its affiliate, Infometrica, Inc., e-forecasting.com works with business publications and clients across the globe to provide industry, country and state-level economic content on a monthly and quarterly basis thus their predictive intelligence input is used by practitioners around the world.
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