Why Coupa Spending Index May Be a Leading Indicator of Growth

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"Given the complicated and grave external environment and the mounting downward pressure on the economy at home, the foundation for sustainable and healthy growth of the. is considered an indicator.

The key illustration of the link between fiscal spending and growth in China may also be seen in the graph above. expenditures. This leading indicator has already peaked, has declined sharply, and.

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 · Trump Muddles Economic Indicators. Trump takes credit for the rise in the stock market dating back to his election last November – and an argument can be made for a “Trump Rally” that many attribute at least partly to investor optimism that the president-elect would, once in office, cut taxes and regulation as promised.

While gross domestic product (GDP) growth has been above that trend in recent quarters, the boost from tax cuts and government spending appears to be waning. Domestic demand, which accounts for about two-thirds of GDP growth, has been edging lower in recent quarters, suggesting a return to a.

Why it is important: The CCI is an important leading indicator for traders to follow, as strong consumer confidence, which means people feel their standard of living is increasing, may lead to higher spending. When consumers spend more, the amount of money being injected into a national economy increases, leading to economic growth.

The Coupa BSI MethodologyThe Coupa BSI is a leading indicator of potential economic growth based on current business spending decisions of hundreds of businesses. It analyzes spend data from the.

View Coupa Software Inc (www.coupa.com) location in California, United States, revenue, industry and description.. Why Coupa Spending Index May Be a Leading Indicator of Growth.. prnewswire.com May 2019. Coupa Announces the Coupa Business Spend Index, a Leading Indicator of Economic Growth.

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The Coupa Business Spend Index (BSI) analyzes spend data in the coupa business spend management (bsm) platform, which has cumulatively processed more than $1 trillion of business spending. It shows trends in business spend sentiment, which are a leading indicator of economic growth over the next three-to-six months.