Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Austria
BSCICP03ATM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.93
Year-over-Year Change
-1.84%
Date Range
1/1/1985 - 1/1/2024
Summary
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Austria measures the overall business confidence and economic outlook in Austria. This forward-looking indicator helps economists and policymakers assess the trajectory of the Austrian economy.
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 Leading Indicators: Composite Business Confidence Amplitude Adjusted for Austria is a composite index that tracks various components of business confidence, such as production expectations, order books, and employment plans. It provides an early signal of turning points in the Austrian business cycle, which is crucial for effective economic policy.
Methodology
The data is collected through business surveys and aggregated into a composite index.
Historical Context
This indicator is widely used by policymakers, analysts, and investors to gauge the health and direction of the Austrian economy.
Key Facts
- Austria is a major economy in the Eurozone.
- The Composite Business Confidence index is a leading indicator of economic activity.
- The index ranges from 0 to 100, with 100 indicating the highest level of business confidence.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Austria measures the overall business confidence and economic outlook in Austria.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking indicator helps economists and policymakers assess the trajectory of the Austrian economy, which is crucial for effective economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and aggregated into a composite index.
Q: How is this trend used in economic policy?
A: This indicator is widely used by policymakers, analysts, and investors to gauge the health and direction of the Austrian economy, which informs their policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delays in data reporting and publication.
Related Trends
Consumer Price Index: OECD Groups: Services: Total for Austria
AUTCPGRSE01GPM
Consumer Price Index: OECD Groups: Goods: Total for Austria
AUTCPGRGO01GPM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Austria
LRHUADMAATM156S
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Austria
LFAC25FEATA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Austria
AUTCP080000GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Austria
AUTCPHPLA01GYM
Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Austria (BSCICP03ATM665S), retrieved from FRED.