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Leading indicators identified with Indicio
Forecasted variable: Industrial Robots Japan - Sales
| Indicator | Relevance |
|---|---|
| Trend: Industrial Robots Japan - Sales value | ★★★★ |
| PMI MANUFACTURING CHINA - NEW ORDER INDEX | ★★★ |
| USA - CAPITAL EXPENDITURES MADE- VEHICLES | ★★ |
| United States, Business Surveys, Philadelphia Federal, Future Capital Expenditures, SA, Index | ★ |
| PPI - NONFERROUS METALS | ★ |
| NFIB SURVEY: % PLANNING CAPITAL EXPENDITURES IN 3 TO 6 MONTHS | ★ |
| Japan, Export Prices, Yen Basis, Sensor Devices, Index, 2020 = 100 | ★ |
| ORDERS BACKLOG VALUE - INDUSTRIAL ROBOT | ★ |
| China container exports | ★ |
| RATIO OF MANUFACTURERS INVTRY TO SHIPMENTS, MACHINERY | ★ |
| Total exports - Japan | ★ |
| ISM MANUFACTURERS SURVEY: CAPITAL EXPENDITURES, 1 YEAR+ | ★ |
| Industrial production Japan - Manufacturing index | ★ |
| United States, Production, Aggregates, Construction Supplies Index | ★ |
| INV IN FIXED ASSETS: MFG. - METAL PRODUCTS (CMLV)(%YOY) | ★ |
| Google trends: Caterpillar Inc | ★ |
| New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Total Units | ★ |
| Producer Price Index by Industry: Construction Machinery Manufacturing | ★ |
| Google trends: KOBELCO Construction Machinery Co.Ltd. | ★ |
| Manufacturers' New Orders: Construction Materials and Supplies | ★ |
Indicio captures the group effect of the leading indicators; the relevance ranking of each indicator changes over time.
Top indicators identified
Trend: Industrial Robots Japan - Sales value
Describes the historical sales trend for industrial robots in the Japanese market over a given period.
PMI Manufacturing China - New Order Index
The Chinese manufacturing Purchasing Managers' Index, focusing on the new orders component.
USA - Capital expenditures made - vehicles
Economic conditions in the US can affect demand for industrial robots, since they are often used in automotive manufacturing.
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