Composite State-of-the-Economy Index

The Composite State-of-the-Economy Index is a synthetic indicator for examining the direction of the development of real economic activity, in real time. It is calculated based on 10 different indicators: the industrial production index; the trade revenue index; the services revenue index; consumer goods imports; imports of manufacturing inputs; goods exports; services exports; the number of employee posts in the private sector; the job vacancy rate and the number of building starts. The Index is calculated by the Bank of Israel's Research Department once a month, close to the date that the Industrial Production Index is published by the Central Bureau of Statistics.

 
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