Composite Leading Indicators: Reference Series (GDP) Trend for Major Five Asia Economies
A5MLORSGPTDSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.89
Year-over-Year Change
4.98%
Date Range
1/1/1978 - 8/1/2023
Summary
The Composite Leading Indicators: Reference Series (GDP) Trend for Major Five Asia Economies is an economic indicator that tracks the overall economic performance of the five largest Asian economies. It provides a forward-looking assessment of the region's growth trajectory.
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
This index synthesizes key economic variables to forecast the near-term GDP trend across China, Japan, India, South Korea, and Taiwan. It is closely monitored by policymakers and analysts to gauge the region's economic health and potential risks.
Methodology
The data is compiled by the OECD using a standardized methodology across the participating economies.
Historical Context
The index serves as an important input for assessing the global economic outlook and potential trade and investment flows.
Key Facts
- Covers the five largest Asian economies: China, Japan, India, South Korea, and Taiwan.
- Provides a forward-looking assessment of the region's economic performance.
- Synthesizes key economic variables to forecast near-term GDP trends.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Reference Series (GDP) Trend for Major Five Asia Economies is an index that tracks the overall economic performance of the five largest Asian economies.
Q: Why is this trend relevant for users or analysts?
A: This index is closely monitored by policymakers and analysts to gauge the region's economic health and potential risks, serving as an important input for assessing the global economic outlook.
Q: How is this data collected or calculated?
A: The data is compiled by the OECD using a standardized methodology across the participating economies.
Q: How is this trend used in economic policy?
A: The index provides a forward-looking assessment of the region's growth trajectory, which is used by policymakers and markets to inform decisions on trade, investment, and other economic policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with potential delays or limitations due to the underlying source data from the participating economies.
Related Trends
Leading Indicators OECD: Leading Indicators: Composite Leading Indicator: Amplitude Adjusted for Major Five Asia
A5MLOLITOAASTSAM
Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Major Five Asia Economies
CSCICP035AM665S
Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Major Five Asia Economies
A5MLORSGPORGYSAM
Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Major Five Asia Economies
BSCICP035AM665S
Composite Leading Indicators: Reference Series (GDP) Ratio to Trend for Major Five Asia Economies
A5MLORSGPRTSTSAM
Composite Leading Indicators: Composite Leading Indicator (CLI) Normalized for Major Five Asia Economies
A5MLOLITONOSTSAM
Citation
U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Trend for Major Five Asia Economies (A5MLORSGPTDSTSAM), retrieved from FRED.