Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for France
BSCICP03FRM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.88
Year-over-Year Change
-0.28%
Date Range
12/1/1975 - 1/1/2024
Summary
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for France measures overall business sentiment in the French economy. This metric is closely watched by economists and policymakers to gauge near-term economic conditions and growth prospects.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Composite Business Confidence indicator tracks aggregated survey data on the views of businesses across various sectors in France. The amplitude-adjusted version removes short-term fluctuations to provide a clearer signal of underlying trends in the economy.
Methodology
The data is compiled from monthly business surveys conducted by the OECD.
Historical Context
This indicator is widely used to inform monetary and fiscal policy decisions in France and the Eurozone.
Key Facts
- The indicator uses a 0-100 scale, with 100 representing the highest level of business confidence.
- France is the Eurozone's second-largest economy, making this metric crucial for regional economic analysis.
- Amplitude adjustment filters out short-term noise to better identify underlying trends.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for France measures the overall sentiment and confidence of businesses operating in the French economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insight into the near-term growth prospects and overall health of the French economy, which is a major driver of the Eurozone.
Q: How is this data collected or calculated?
A: The data is compiled from monthly business surveys conducted by the OECD.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers and analysts to inform monetary and fiscal policy decisions in France and the Eurozone.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, providing timely information on the state of the French economy.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for France (BSCICP03FRM665S), retrieved from FRED.